U.S. stock indexes opened with mixed performance this week, with the S&P 500 holding steady and the Dow Jones rising 172 points, or 0.4%.
The cautious start reflects investor focus on upcoming earnings reports, while market sentiment was also influenced by remarks from Treasury Secretary Scott Besant.
He mentioned ongoing trade discussions with Japan and a possible preliminary deal with India but gave no clarity regarding China or whether talks with Beijing are still active.
Amazon shares declined following a statement from White House spokesperson Karoline Leavitt, who said that if the company moves forward with displaying tariff costs on its platform, the action could be seen as a politically hostile move.
General Motors also faced stock pressure despite outperforming earnings expectations. The company announced a pause in share buybacks, citing uncertainty around global trade policy. Other companies, like American Airlines and Skechers, have also revised or withdrawn full-year forecasts amid growing economic unpredictability.
Still, the S&P 500 posted minor gains on Monday, extending its winning streak to five consecutive sessions. The Dow added 0.3%, while the Nasdaq slipped 0.1%.
Market strategist Larry Tentarelli noted that recent pullbacks are being viewed as opportunities, suggesting that bullish momentum has returned.
This week is packed with earnings updates, with nearly a third of S&P 500 companies scheduled to report results. Tech giants like Meta, Microsoft, Apple, and Amazon are among the most anticipated.
According to FactSet, about 73% of companies reporting so far have exceeded analyst expectations—slightly below the five-year average of 77%.
