US stocks edged higher on Monday, as investors prepared for a flurry of quarterly financial reports this week, headlined by five major US banks.
All three of the benchmark indices advanced in the morning trade. The technology-heavy NASDAQ Composite Index climbed above the key 5,000 level, rising 22.69 points or 0.45 percent to 5,018.67. The Dow Jones Industrial Average advanced 29.37 points or 0.16 percent to 18,087.02. The S&P 500 Index rose 2.57 percent or 0.12 percent to 2,104.63.
Below is a rundown of this week’s quarterly earnings reports.