The major indices struggled to maintain early momentum on Monday, but appear to climbing back with the S&P 500 and Dow Jones both green in midday trading. 

Microsoft Corp. (NASDAQ:MSFT) shares fell 1.05%, reaching a 28-week low of $399.62, following reports that the company canceled leases for data center capacity in the U.S. Other tech giants also faced pressure with Broadcom Inc. (NASDAQ:AVGO) dropping 1.33%, Tesla Inc. (NASDAQ:TSLA) declining 0.34% and Meta Platforms Inc. (NASDAQ:META) falling 1.55%.

In contrast, Apple Inc. (NASDAQ:AAPL) shares bucked the trend, rising approximately 1% after announcing plans for a $500 billion investment in the US over the next four years, along with the creation of 20,000 new jobs.

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Investors are closely watching NVIDIA Corp.’s (NASDAQ:NVDA) upcoming quarterly earnings report, scheduled for release on Wednesday. The chipmaker’s stock was down about 0.4% ahead of the announcement. 

Natural gas futures fell more than 6% toward $43.9/MMBtu, retreating from a 25-month high reached last week after prices surged more than 16% as Arctic air increased demand and reduced supply. 

Bitcoin (CRYPTO: BTC) was down slightly Monday and remains range-bound near the $95,000 level. 

Monday’s Performance In Major U.S. Indices, ETFs

According to Benzinga Pro data:

• The SPDR S&P 500 ETF Trust (NYSE:SPY) was up 0.23% to $601.32. 
• The SPDR Dow Jones Industrial Average (NYSE:DIA) climbed 0.51% at $436.31. 
• The tech-heavy Invesco QQQ Trust Series (NASDAQ:QQQ) dipped 0.22% to $524.94. 
• The iShares Russell 2000 ETF (NYSE:IWM) eased 0.06% to $217.67. 
• The Consumer Discretionary Select Sector SPDR Fund (NYSE:XLY) was up 0.17% to $218.77.
• The Energy Select Sector SPDR Fund (NYSE:XLE) rose 0.45% to $91.34.  

Monday's Stock Movers

Palantir Technologies Inc. (NASDAQ:PLTR) shares continued to sell off, extending losses to more than 22% over the past five sessions. Robinhood Markets, Inc. (NASDAQ:HOOD) shares also extended their losing streak to six straight sessions, down 3% in midday trading. 

Stocks reacting to company earnings reports included: 

• Domino's Pizza Inc. (NASDAQ:DPZ) 
• Gran Tierra Energy Inc. (AMEX:GTE) 
• Kosmos Energy Ltd. (NYSE:KOS) 
• Summit Therapeutics Inc. (NASDAQ:SMMT)
• Hovnanian Enterprises, Inc. (NYSE:HOV)

Companies reporting after Monday's closing bell include: 

• Bridge Investment Group Holdings Inc. (NYSE:BRDG)
• Diamondback Energy, Inc. (NASDAQ:FANG) 
• Viper Energy, Inc. (NASDAQ:VNOM) 
• Hims & Hers Health, Inc.  (NYSE:HIMS)
• Zoom Communications Inc. (NASDAQ:ZM)
• Riot Platforms Inc. (NASDAQ:RIOT) 
• Cleveland-Cliffs Inc. (NYSE:CLF) 
• Chegg Inc. (NYSE:CHGG) 

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