United states

Stocks open lower ahead of earnings season

U.S. stocks fell as earnings season is set to begin this week, fueling concerns about the impact of inflation on corporate earnings.

The S&P 500 fell 1.3% as the broad market index started the week on a negative note. The Nasdaq Composite lost 2.2%, pointing to losses for technology stocks. The Dow Jones Industrial Average opened 0.5% lower.