Wall Street is closing higher ahead of a week full of updates about where profits for U.S. companies are heading.
The S&P 500 rose 0.4 percent Monday. The Dow and the Nasdaq also rose. Stocks elsewhere around the world slipped after China reported weaker economic growth for the spring than expected. While that’s helped to limit inflation, it’s also diluted a main engine of growth for the world’s economy.
In the United States, earnings reporting season is accelerating after beginning last week. Bank of America, Netflix and Tesla are among the companies reporting this week.
On Monday:…
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