US close: Stocks lower ahead earnings-filled week

Wall Street stocks were in the red at the end of trading on Monday as traders prepped for another week jam-packed with earnings and comments from Federal Reserve chairman Jerome Powell.

At the close, the Dow Jones Industrial was down 0.10% at 33,891.02, while the S&P 500 slipped 0.61% to 4,111.08 and the Nasdaq Composite saw out the session 1.00% softer at 11,887.45.

The Dow closed 34.99 points weaker on Monday, extending losses recorded in the previous session.

Earnings from the likes of Disney, Chipotle, Dupont, and PepsiCo will all be on deck this week, the halfway point of an already somewhat disappointing Q4 earnings season, while investors will also be looking ahead to a speech by Powell on Tuesday after the central banker's comments on disinflation saw market participants push shares higher last week and ignore yet another rate hike from the Fed.

Also in focus, Beijing's foreign ministry confirmed that a balloon flying over Latin America was Chinese, after a similar device was shot down by the US over the weekend. The detection of the balloon over the US led Secretary of State Antony Blinken to cancel a planned visit to China on Sunday. China later expressed anger over the downing of the balloon, which it claimed was an unmanned weather surveillance aircraft that had veered off course.

In terms of earnings, Energizer revealed quarterly earnings and sales had declined amid lower volumes, while Tyson Foods posted quarterly numbers that fell well and truly short of expectations.

Activision Blizzard reported record net bookings but said costs had weighed down its balance sheet, Take-Two Interactive outlined an earnings miss, and Pinterest provided some weak guidance as quarterly revenues missed estimates.

No major data points were released on Monday.

Reporting by Iain Gilbert at Sharecast.com

Dow Jones - Risers

Travelers Company Inc. (TRV) $186.14 1.77%
Caterpillar Inc. (CAT) $251.40 1.48%
McDonald's Corp. (MCD) $267.92 1.40%
Merck & Co. Inc. (MRK) $104.03 1.06%
Unitedhealth Group Inc. (UNH) $475.24 0.68%
JP Morgan Chase & Co. (JPM) $141.92 0.59%
Coca-Cola Co. (KO) $60.18 0.57%
Boeing Co. (BA) $206.81 0.39%
Goldman Sachs Group Inc. (GS) $370.72 0.23%
Dow Chemical Co. (DOW) $60.22 0.15%

Dow Jones - Fallers

Intel Corp. (INTC) $28.69 -5.38%
Walgreens Boots Alliance, Inc. (WBA) $36.28 -2.18%
Cisco Systems Inc. (CSCO) $47.57 -2.18%
Apple Inc. (AAPL) $151.73 -1.79%
Nike Inc. (NKE) $125.73 -1.47%
American Express Co. (AXP) $176.49 -1.33%
Salesforce.Com Inc. (CRM) $169.05 -1.16%
Procter & Gamble Co. (PG) $141.41 -0.85%
3M Co. (MMM) $116.50 -0.84%
Johnson & Johnson (JNJ) $163.21 -0.76%

S&P 500 - Risers

Extra Space Storage (EXR) $168.02 2.98%
Allstate Corp (The) (ALL) $134.90 2.78%
Dominion Energy Inc. (D) $61.72 2.47%
Campbell Soup Co. (CPB) $52.08 2.36%
General Mills Inc. (GIS) $77.18 2.25%
Loews Corp. (L) $61.44 2.23%
Gilead Sciences Inc. (GILD) $86.36 2.20%
Lockheed Martin Corp. (LMT) $469.10 2.18%
Kellogg Co. (K) $69.04 2.07%
American International Group Inc. (AIG) $59.94 2.06%

S&P 500 - Fallers

Nordstrom Inc. (JWN) $24.18 -8.34%
Hanesbrands Inc. (HBI) $6.08 -7.18%
VF Corp. (VFC) $28.66 -6.40%
Intel Corp. (INTC) $28.69 -5.38%
Dxc Technology Company (DXC) $27.45 -5.05%
Bread Financial Holdings, Inc. (BFH) $40.49 -5.02%
Activision Blizzard Inc. (ATVI) $71.58 -4.86%
Tyson Foods Inc. (TSN) $61.08 -4.61%
Gap Inc. (GPS) $14.56 -4.59%
Newmont Corporation (NEM) $47.60 -4.51%

Nasdaq 100 - Risers

Tesla Inc (TSLA) $194.76 2.52%
Gilead Sciences Inc. (GILD) $86.36 2.20%
O'Reilly Automotive Inc. (ORLY) $809.45 1.84%
Biogen Inc (BIIB) $288.28 1.64%
Kraft Heinz Co. (KHC) $39.93 1.40%
Vertex Pharmaceuticals Inc. (VRTX) $304.96 1.28%
Trip.com Group Limited (TCOM) $36.16 1.09%
Monster Beverage Corp (MNST) $102.82 1.00%
Incyte Corp. (INCY) $84.36 0.90%
Dollar Tree Inc (DLTR) $151.00 0.71%

Nasdaq 100 - Fallers

Intel Corp. (INTC) $28.69 -5.38%
Activision Blizzard Inc. (ATVI) $71.58 -4.86%
Sirius XM Holdings Inc (SIRI) $4.99 -4.31%
Micron Technology Inc. (MU) $59.98 -3.89%
Paypal Holdings Inc (PYPL) $82.33 -3.73%
Take-Two Interactive Software Inc. (TTWO) $105.56 -3.40%
Skyworks Solutions Inc. (SWKS) $109.28 -2.84%
Dish Network Corp. (DISH) $14.66 -2.79%
Asml Holdings N.V. (ASML) $661.97 -2.60%
Illumina Inc. (ILMN) $208.70 -2.59%