A bumpy day on Wall Street ends with stock indexes mixed

NOW 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 stillraging pandemic, delayed COVID-19 vaccine rollouts in some places and Washington’s ability to deliver stimulus to blunt the resulting economic pain.