Stocks Slip as Investors Brace for Busy Earnings Week

The stock market slipped on Monday, with investors gearing up for a week packed with crucial earnings reports that could make or break the record-setting rally.

The S&P 500 (^GSPC) dipped nearly 0.4%, pulling back from a fresh all-time closing high and a streak of six consecutive weekly gains. The Dow Jones Industrial Average (^DJI) also edged down nearly 0.8%, while the tech-heavy Nasdaq Composite (^IXIC) hovered near flat.

Despite the minor downturn, AI chip leader Nvidia (NVDA) briefly touched an intraday record high during the session. Apple (AAPL) was also on track for a closing high if gains hold.

Investors are anxiously awaiting corporate earnings this week. Over 100 S&P 500 companies are scheduled to report, with 80% of those already exceeding expectations. Tesla (TSLA