Stocks close mostly lower with earnings on deck


U.S. stocks finished Monday’s session modestly lower as investors await the start of first-quarter corporate results and weigh positive news about COVID-19 vaccines against a discouraging spike in cases. The Dow Jones Industrial Average
dropped 55 points, 0.2%, to close near 33,746, according to preliminary estimates, while the S&P 500
was virtually unchanged near 4,128. The Nasdaq Composite
fell about 50 points, 0.4%, to end near 13,850. Stocks churned to fresh records last week, and traders likely see little catalyst for big bets before earnings season kicks off. Still, some high-profile stocks made big moves Monday: Tesla Inc.
shares gained nearly 4% after more analysts boosted their price target, and Uber Technologies Inc.
shares jumped 3.1% after the company reported overall gross bookings at their highest monthly level in the company’s history in March.


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