US stocks on the move: Microsoft, Salesforce, Bristol Myers
SPY•U.S. indexes were mixed on Monday, with the Dow up 0.37%, the S&P 500 down 0.10% and the Nasdaq down 0.45% at 1:25 p.m. EDT. Microsoft, Salesforce and Bristol Myers were among the companies highlighted for stock moves.
1. Indexes mixed
U.S. stock indexes were mixed on Monday as oil prices reached their highest in about two weeks ahead of big bank earnings and inflation data due later in the week. At 1:25 p.m. EDT, the Dow Jones Industrial Average was up 0.37% at 51,848.64, the S&P 500 was down 0.10% at 7,803.52 and the Nasdaq Composite was down 0.45% at 27,243.41.
2. Company moves
Microsoft was highlighted after becoming a $4 trillion company again, while Bristol Myers rose on positive trial results for cancer and lung disease drugs. Salesforce shares rose after BofA upgraded the company to buy.
