Rough day ends with stock indexes mixed

NEW YORK » Stocks swerved to a mixed finish on Wall Street Monday, ahead of a deluge of corporate earnings reports scheduled to arrive this week.

The S&P 500 rose

13.89 points, or 0.4%, to 3,855.36 as gains for influential Big Tech stocks were big enough to steady the index and return it to a record. It recovered from a 1.2% loss earlier in the day, as investors expect Apple and other tech giants to report healthy profits for the end of 2020 in coming days.

Other areas of the market were softer, though, and the majority of stocks on Wall Street fell amid concerns about the still-raging pandemic, delayed COVID-19 vaccine rollouts in some places and Washington’s ability to deliver stimulus to blunt the resulting economic pain.

The Dow Jones Industrial Average dipped 36.98, or 0.1%, to 30,960.00. The Nasdaq composite, which is packed with tech stocks, rose 92.93, or 0.7%, to 13,635.99 and another record. The Russell 2000 index of smaller stocks fell 5.49, or 0.3%, to 2,163.27. The yield on the 10-year Treasury sank to 1.03% from 1.07% late Friday.

Besides Apple, more than 100 companies in the S&P 500 are scheduled to tell investors this week how they fared during the last three months of 2020. They include American Express, Johnson & Johnson, 3M, AT&T and Tesla.