US stocks on the move: Microsoft, C3.ai, Salesforce, Bristol Myers
SPY•US indexes were mixed on Monday, while stock moves included gains for C3.ai after an upgrade, Salesforce after a double-upgrade, and Bristol Myers after positive trial results. Microsoft was also listed among the stocks in focus.
1. Stocks in focus
At 11:30 EDT, the Dow was up 0.47%, the S&P 500 was down 0.06% and the Nasdaq Composite was down 0.30%. Oil prices touched a roughly two-week high ahead of bank earnings and inflation data due later in the week.
2. Company moves
C3.ai gained after Northland Capital upgraded the company. Salesforce shares rose after BofA double-upgraded it to buy, while Bristol Myers rose on positive trial results for cancer and lung disease drugs. Microsoft was listed among stocks in focus, with no further details provided in the article.
