Dow rises at start of big earnings week, Microsoft drags Nasdaq

Published by
Reuters

By Shreyashi Sanyal (Reuters) – The Dow rose on Monday as investors braced for a Federal Reserve meeting during the week and earnings from some of the biggest companies to gauge the impact of a strong dollar and soaring inflation, while the Nasdaq dipped on declines in Microsoft. Apple Inc, Amazon.com Inc, Alphabet Inc, Microsoft Corp and Meta Platforms Inc, which together account for $8.9 trillion in market capitalization, or a quarter of the benchmark index’s weightage, are scheduled to post earnings this week. “The really big part of earnings season is here. So with confidence coming back r…

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