Stocks eye mixed start as China tempers U.S. boost: markets wrap
Stocks are set for a mixed start Monday as traders weigh a U.S. rally spurred by corporate earnings, China’s technology-sector regulation and an upcoming Federal Reserve meeting. The dollar was steady.
U.S. stocks closed Friday at a record and the S&P 500 has almost doubled from the depths of the pandemic. About 87% of the S&P 500 firms reporting results so far this season have beaten estimates. U.S. equity contracts fluctuated.
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