Tech stocks climb in volatile trading as investors await mega-cap earnings

Tech stocks climb in volatile trading as investors await mega-cap earnings

Getty Images / Bryan R. Smith

US stocks were mixed in a volatile trading session on Monday as investor anticipation grew for the upcoming earnings reports from mega-cap tech giants later this week.An epic short-squeeze rally in a number of smaller companies led by GameStop marked a wild Monday for the stock market.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.

US stocks ended Monday mixed in a volatile trading session as investors anticipate an avalanche of earnings reports from mega-cap tech giants.

Technology stocks led the market higher throughout Monday, with the Nasdaq 100 Index surging as much as 1% before paring gains.

The wild trading session was marked by an epic short-squeeze rally in small companies like GameStop, which surged as much as 145% to an all-time-high on no official news.

Here's where US indexes stood after the 9:30 a.m. ET open on Monday:





S&P 500: 3,855.34, up 0.36%Dow Jones industrial average: 30,960.36, down 0.12% (36.62 points)Nasdaq composite: 13,635.99, up 0.69%

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Investor enthusiasm in shares of GameStop also spilled over to other stocks with high short-interest,