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AP National Business

Stocks rise on Wall Street ahead of busy week of earnings

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KMIZ

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Published 9:43 AM

By DAMIAN J. TROISE
AP Business Writer

Stocks rose in morning trading on Wall Street Monday as investors prepare for another busy week of corporate earnings. The S&P 500 rose 0.2%, the Dow Jones Industrial Average rose 0.1%, and the Nasdaq rose 0.5%. Retailers, travel-related companies and others that rely on direct consumer spending lead the gains. Technology companies also made solid gains and lifted the broader market. Spirit Airlines jumped 13.3% after Frontier Airlines’ parent company agreed to buy the carrier in a deal worth $2.9 billion. Several big companies are on deck this week to report earnings, including Pfizer, Walt Disney and Coca-Cola.

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