(News Bulletin 247) – US equity markets ended in mixed order on Monday, expecting numerous company publications in the coming days. The Dow Jones climbed 0.2% to 33,875 points, while the Nasdaq Composite fell 0.3% to 12,037 points.

Investors were preparing for a busy week with an avalanche of results, which will be interspersed with several US indicators including the initial estimate of first-quarter GDP on Thursday, then the PCE price index on Friday.

The publications of the technological heavyweights Alphabet, Microsoft, Meta and Amazon will be particularly scrutinized, at a time when investors are asking more and more questions about the health of the American economy.

‘The earnings season has started quite well so far, but everyone fears that future publications will confirm that a recession is indeed on the horizon’, explained a trader during the session.

So far, Coca-Cola has finally fallen nearly 0.2%, despite a good start to the session on better than expected first quarter performance, thanks to its price increases intended to offset the impact of the ‘inflation.

Tesla fell 1.5% after the electric carmaker raised its planned investment target this year to between $7 billion and $9 billion, from $6 billion to $8 billion in previous projections.

Medtronic climbed 4.6%, supported by Wells Fargo which raised its recommendation on the stock of the medical equipment supplier to ‘overweight’, while raising its target price from 77 to 100 dollars.

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