The S&P 500 climbed for the fourth time in the past five sessions intraday, lifted by the latest flurry of corporate earnings. Robust second-quarter earnings growth has pushed the index near its January all-time high despite escalating tariff threats from the U.S. and China. The S&P 500 rose 0.4% Monday and was on track for its third-highest close ever. The Dow Jones was recently up 0.2%, at 25,502. The Nasdaq Composite rose 0.4%. Tyson Foods was among the S&P 500's biggest gainers, adding 3.2% after the firm reported higher quarterly profit, despite challenges related to oversupply and pricing due to tariffs. Facebook shares climbed 3.4% after The Wall Street Journal reported that the social-media firm has asked large U.S. banks to share detailed financial information about their customers, including card transactions and checking-account balances, as part of an effort to offer new services to users. Among decliners, consumer-products maker Newell Brands lowered its earnings guidance for the year after reporting falling quarterly sales. Shares fell 13%. More than 80% of S&P 500 firms have already reported earnings, so traders are looking for fresh factors that swing stocks, analysts said. Investors are looking ahead to inflation data later this week, after some said Friday's jobs report showed few signs of a pickup that would accelerate the Federal Reserve's pace of interest-rate increases. On Monday, the yield on the benchmark 10-year U.S. Treasury note fell to 2.934%, according to Tradeweb, from 2.952% Friday. Yields fall as prices rise. The US gold price fell 0.5% to 1207.20US$/oz.
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