January ended on a sour note but Monday contains bullish promise as a handful of major names are expected to reveal healthy earnings. A surging GDP failed to energize the bulls as negative results from several big tech companies knocked stocks lower on the session. The DJIA gave back 53.13, the Nasdaq dropped 31.65, and the S&P 500 fell 10.66.
Here are 7 stocks you need to know for Monday.
^XOM^ announces prior to the bell with a forecast EPS of $1.20.
Insurance company, ^HUM^, is expected to earn $1.48/share before the trading day.
Perfect steak maker, ^TXRH^, has analysts awaiting an EPS of 10 cents after the close on Monday.
^GS^ beat ^JPM^ as the best priced firm for institutional clients as ranked by Bloomberg.
Software giant, ^MSFT^, reported slipping second quarter revenues in its business division.
^AMZN^ is planning on buying back as much as $2 billion dollars of its shares.