U.S. stocks kicked off trade on Monday with solid gains, setting the stage for a modest bounce after a three-day Easter holiday weekend. Moves for markets follow rising geopolitical tensions, including a warning from U.S. Vice President Mike Pence, who told Pyongyang not to test President Donald Trump's "resolve" after a failed missile test over the weekend. Read the full story: Stocks rise as earnings and geopolitical issues in sight In corporate news, facebook/" target="_blank">shares of United Continental Holdings UAL, +2.46% parent of United Airlines, was trading higher and set to report quarterly earnings later Monday after the close of trade. In economic data, a reading of New York manufacturing, the Empire State Index, disappointed, falling to a reading of 5.2 in April from a two-year high of 16.4 in March.
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Over the weekend, North Korea put on a massive military parade, followed by a failed missile launch. Stock movers: Netflix facebook/" target="_blank">shares closed up 3% ahead of earnings, which were set for the close of trade on Monday. Monday's climb comes as corporate earnings get under way and as geopolitical tensions, notably those between the U.S. and North Korea, have heightened worries about aggressions escalating into a nuclear confrontation. Early reads from big banks so far have been encouraging, but markets could be vulnerable to broader disappointment, market strategists said. The Shanghai Composite Index SHCOMP, -0.18% fell 0.7% after China's country's securities regulator urged tighter supervision of listed companies.
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Over the weekend, North Korea put on a massive military parade, followed by a failed missile launch. Stock movers: Netflix facebook/" target="_blank">shares closed up 3% ahead of earnings, which were set for the close of trade on Monday. Monday's climb comes as corporate earnings get under way and as geopolitical tensions, notably those between the U.S. and North Korea, have heightened worries about aggressions escalating into a nuclear confrontation. Early reads from big banks so far have been encouraging, but markets could be vulnerable to broader disappointment, market strategists said. The Shanghai Composite Index SHCOMP, -0.18% fell 0.7% after China's country's securities regulator urged tighter supervision of listed companies.
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collected by :Jack Luxor
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