Palantir Extends Losses, Microsoft Slides: What's Driving Markets Monday?

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. 

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:

Monday's Stock Movers

Stocks reacting to company earnings reports included: 

Companies reporting after Monday's closing bell include: 

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