<body><div><figure><img src="https://img.particlenews.com/image.php?type=thumbnail_580x000&amp;url=0bM7Yn_0wHMFz4400" alt="https://img.particlenews.com/image.php?url=0bM7Yn_0wHMFz4400" width="900" height="450" ><figcaption>Earnings Season Heats Up: US Stocks Dip from Record Highs as Corporate Reports Roll In</figcaption></figure>US Stocks Pull Back from Record Highs as Earnings Season Heats UpUS stocks retreated from last week’s record highs on Monday as investors turned their focus to the ongoing third-quarter earnings season. With 21% of S&amp;P 500 companies having reported so far, market participants are closely monitoring corporate performance and outlook.The Dow Jones Industrial Average declined by nearly 350 points, while the S&amp;P 500 edged lower. The tech-heavy Nasdaq 100, however, managed to eke out a slight gain.As earnings season progresses, Bank of America strategist Savita Subramanian noted an optimistic tone from company executives during earnings calls. According to the bank’s analysis, 80% of reporting companies have beaten profit estimates by 5%, while 60% have surpassed revenue expectations.“We’re seeing record levels of optimism in corporate management language,” Subramanian stated. “Mentions of weak demand are at their lowest levels in two years.”This week, over 100 S&amp;P 500 companies are set to report their results, including major players such as Coca-Cola, Tesla, Boeing, and UPS.In the technology sector, Nvidia’s stock jumped to record levels, rising over 4% to close at $143.71. Analysts remain bullish on the chipmaker, with Bank of America highlighting a “generational opportunity” due to strong demand for Nvidia’s new Blackwell chips.On the economic front, this week is relatively quiet for data releases. However, investors will be tuning in to speeches from six Federal Reserve officials for insights into future monetary policy decisions.At the closing bell, the S&amp;P 500 stood at 5,853.98, down 0.18%. The Dow Jones Industrial Average fell 0.80% to 42,931.60, while the Nasdaq composite declined 0.27% to 18,540.01.In other market news, West Texas Intermediate crude oil rose 1.88% to $69.98 a barrel, while gold inched up 0.16% to $2,734.50 an ounce. The 10-year Treasury yield increased by 11 basis points to 4.188%, and Bitcoin dipped 1.78% to $67,790.As earnings season continues to unfold, market participants will be watching closely for further indications of corporate health and economic outlook in the coming weeks.</div></body>

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Earnings Season Heats Up: US Stocks Dip from Record Highs as Corporate Reports Roll In

US Stocks Pull Back from Record Highs as Earnings Season Heats Up. US stocks retreated from last week’s record highs on Monday as investors turned their focus to the ongoing third-quarter earnings season. With 21% of S&P 500 companies having reported so far, market participants are closely monitoring corporate performance and outlook.