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U.S. stocks close mixed amid hectic week of earnings season

2019-04-23 05:46

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NEW YORK, April 22 (Xinhua) -- U.S. stocks ended mixed on Monday, as investors trod water with small gains and losses at the start of a hectic week of the ongoing earnings season.

The Dow Jones Industrial Average fell 48.49 points, or 0.18 percent, to 26,511.05. The S&P 500 rose 2.94 points, or 0.10 percent, to 2,907.97. The Nasdaq Composite Index rose 17.21 points, or 0.22 percent, to 8,015.27.

Shares of Boeing fell 1.29 percent, following a negative report by a media outlet.

Yet shares of Kimberly-Clark rose over 5.42 percent, after the U.S. consumer products giant reported stronger-than-expected quarterly earnings, thanks to higher selling prices and cost reductions.

Seven of the 11 primary S&P 500 sectors traded lower around market close, with the real estate sector down over one percent, leading the losers.

A string of S&P 500 companies are set to report first-quarter earnings this week, including Boeing, and Facebook.

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