- The S&P 500 is still on track to close slightly higher.
- Several stocks of the S&P 500 are up about 5% on Monday.
- Freeport-McMoRan Inc. (FCX: NYSE) is down 6% ahead of earnings report.
He S&P 500 index has started the new week with small losses and fell as much as 1% before experiencing a rebound. At the time of writing, the S&P 500 is up 0.15% on the day at 3,846. Investors are likely to remain on the sidelines as they await quarterly earnings reports from key companies such as Boeing, Tesla, Caterpillar, Apple y Microsoft.
Main movements in the S&P 500
Earlier in the day, Clorox Co. (CLX: NYSE) announced that it had achieved its goal of 100% renewable electricity for its facilities in the United States and Canada. Driven by this development, CLX skyrocketed to its highest level in more than four months at $ 224.37 before entering a consolidation phase. At the time of writing, CLX has the highest daily profit percentage of the day, up 5.1% at $ 212.55.
The actions of Iron Mountain Inc. (IRM: NYSE), Kimberly-Clark Corp. (KMB: NYSE) y J M Smucker Co. (SJM: NYSE) are among the top performers on Monday, with an increase of around 5%.
On the other hand, the actions of Freeport-McMoRan Inc. (FCX: NYSE) are falling sharply before the company releases its quarterly earnings figures on Tuesday. According to Reuters, annual revenue is expected to rise 7.7% to $ 4.21 billion from $ 3.91 billion a year ago. At the time of writing, FCX is down 6.2% on the day at $ 28.60.
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