Stocks Flat Near Record Highs As Earnings Ramp Up Ahead Of Big Economic Releases

Stocks Flat Near Record Highs As Earnings Ramp Up Ahead Of Big Economic Releases

Topline

The major stock-market indexes are virtually flat ahead of big earnings and economic releases later in the week after taking a slight hit Monday, but investors are still optimistic details of a massive new stimulus plan on Thursday could push stocks to new highs.

A trader works on the floor of the New York Stock Exchange (NYSE).



© 2016 Bloomberg Finance LP

Key Facts





Shortly after the market open, the Dow Jones Industrial Average had climbed just 28 points, or less than 0.1%, while the S&P 500 and tech-heavy Nasdaq climbed about 0.1% and 0.2%, respectively.





On the earnings front, shares of Kroger-parent Albertsons are up more than 4% following a better-than-expected quarterly report that included adjusted profits of $968 million, roughly 12% more than analysts had forecast.







Heading up gains in the S&P, shares of insurer Aflac are up 5%, nearly recouping all their Monday losses, after a Morgan Stanley upgrade Tuesday morning; elsewhere in the market, Shake Shack stock is up 3% after the firm previewed an upbeat earnings report and