US benchmark equity indexes exhibited mixed results ahead of Tuesday's close as investors analyzed the latest corporate earnings reports and anticipated Alphabet's ($GOOGL) forthcoming results. The Nasdaq Composite witnessed an increase of 1%, reaching 18,750.3, while the S&P 500 rose by 0.4% to 5,843.2.
In contrast, the Dow Jones Industrial Average experienced a slight decline of 0.2%, settling at 42,288.1. Among various sectors, communication services led the gainers, whereas utilities faced the most significant drop. In an upcoming announcement, Google's parent company, Alphabet, is expected to reveal its latest quarterly financial results, alongside prominent corporations such as Visa ($V), Advanced Micro Devices ($AMD), Stryker ($SYK), and Chipotle Mexican Grill ($CMG).
Shares of Cadence Design Systems ($CDNS) and Incyte ($INCY) surged following their recent earnings reports, whereas D.R. Horton ($DHI) and PayPal ($PYPL) experienced declines. On the bonds front, the US 10-year yield remained relatively unchanged at 4.27%, while the two-year rate dropped by 1.9 basis points to 4.12%.
The latest data from the Bureau of Labor Statistics revealed that US job openings decreased to 7.44 million in September, a decline from 7.86 million in August, with the consensus anticipating an 8 million figure based on a survey compiled by Bloomberg. Meanwhile, consumer confidence in the US surged to 108.7 this month, up from 99.2 in September, surpassing the consensus forecast of 99.5 in a Bloomberg poll.
Additionally, West Texas Intermediate crude oil prices dipped 0.3%, settling at $67.18 per barrel..