The major indices struggled to maintain early momentum on Monday, but appear to climbing back with the S&P 500 and Dow Jones both green in midday trading. 

Microsoft Corp. MSFT shares fell 1.05%, reaching a 28-week low of $399.62, following reports that the company canceled leases for data center capacity in the U.S. Other tech giants also faced pressure with Broadcom Inc. AVGO dropping 1.33%, Tesla Inc. TSLA declining 0.34% and Meta Platforms Inc. META falling 1.55%.

In contrast, Apple Inc. AAPL shares bucked the trend, rising approximately 1% after announcing plans for a $500 billion investment in the US over the next four years, along with the creation of 20,000 new jobs.

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Investors are closely watching NVIDIA Corp.’s NVDA upcoming quarterly earnings report, scheduled for release on Wednesday. The chipmaker’s stock was down about 0.4% ahead of the announcement. 

Natural gas futures fell more than 6% toward $43.9/MMBtu, retreating from a 25-month high reached last week after prices surged more than 16% as Arctic air increased demand and reduced supply. 

Bitcoin BTC/USD was down slightly Monday and remains range-bound near the $95,000 level. 

Monday’s Performance In Major U.S. Indices, ETFs

Major Indices	Price	1 day % chg.
Nasdaq 100	19,463.98	-0.31%
S&P 500	6,022.48	0.16%
Dow Jones	43,612.15	0.42%
Russell 2000	2,191.65	-0.17%

According to Benzinga Pro data:

• The SPDR S&P 500 ETF Trust SPY was up 0.23% to $601.32. 
• The SPDR Dow Jones Industrial Average DIA climbed 0.51% at $436.31. 
• The tech-heavy Invesco QQQ Trust Series QQQ dipped 0.22% to $524.94. 
• The iShares Russell 2000 ETF IWM eased 0.06% to $217.67. 
• The Consumer Discretionary Select Sector SPDR Fund XLY was up 0.17% to $218.77.
• The Energy Select Sector SPDR Fund XLE rose 0.45% to $91.34.  

Monday's Stock Movers

Palantir Technologies Inc. PLTR shares continued to sell off, extending losses to more than 22% over the past five sessions. Robinhood Markets, Inc. HOOD shares also extended their losing streak to six straight sessions, down 3% in midday trading. 

Stocks reacting to company earnings reports included: 

• Domino's Pizza Inc. DPZ 
• Gran Tierra Energy Inc. GTE 
• Kosmos Energy Ltd. KOS 
• Summit Therapeutics Inc. SMMT
• Hovnanian Enterprises, Inc. HOV

Companies reporting after Monday's closing bell include: 

• Bridge Investment Group Holdings Inc. BRDG
• Diamondback Energy, Inc. FANG 
• Viper Energy, Inc. VNOM 
• Hims & Hers Health, Inc.  HIMS
• Zoom Communications Inc. ZM
• Riot Platforms Inc. RIOT 
• Cleveland-Cliffs Inc. CLF 
• Chegg Inc. CHGG 

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