Stocks closed mixed on Friday, with disappointing earnings from Microsoft hurting the tech sector, offset by forecast beating numbers from American Express.
The Dow gained +42.91, the Nasdaq Composite fell -5.99 , and the S&P 500 rose +9.02.
Here are 7 Stocks You Need to Know for Monday:
American Express (AXP | Quote | Chart | News | PowerRating) rose nearly 6% after reporting earnings that beat expectations by $0.03 and reaffirming guidance.
Microsoft (MSFT | Quote | Chart | News | PowerRating) fell more than 6% despite beating estimates by $0.03 and issuing guidance above consensus.
Shares of Baidu.com (BIDU | Quote | Chart | News | PowerRating) jumped more than 6% after the company reported earnings that were in-line with estimates.
LM Ericsson (ERIC | Quote | Chart | News | PowerRating) surged 13.5% after reporting first quarter revenues rose, and income fell less-than-expected.
Before the market open on Monday, Humana (HUM | Quote | Chart | News | PowerRating) is expected to report earnings of $0.45.
The forecast for Loews Corp. (LTR | Quote | Chart | News | PowerRating) is $1.15.
And, Verizon (VZ | Quote | Chart | News | PowerRating) is scheduled to report earnings, with analysts looking for $0.62.
Do you think Verizon will close up or down on Tuesday? Play TradingMarkets Up or Down Daily Stock Contest and you could win over $12,000 in cash prizes predicting the direction of a stock!
