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Live Markets: Big week for US earnings ahead

Nasdaq rallies ~1.6%, S&P 500 gains ~0.7%, Dow dips

Tech leads S&P sector gainers; Healthcare weakest group

Dollar, bitcoin down; US crude falls >2%; gold gains

US 10-year Treasury yield edges down to ~4.31%

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com

BIG WEEK FOR US EARNINGS AHEAD

Investors are preparing for a big week of results from U.S. companies, with more than one-third of the S&P 500 set to post results next week alone, including five of the "Magnificent Seven" megacap companies.

Among them will be Microsoft MSFT.O, Alphabet GOOGL.O, Amazon AMZN.O and Meta Platforms META.O, all due to report on Wednesday. Then Apple AAPL.O reports on Thursday.

That could possibly support the recent rebound in stocks, some investors say.

Earnings so far in this first-quarter reporting period have been strong. With results in from 139 of the S&P 500 companies as of Friday, year-over-year estimated earnings growth is at 16.1% for the S&P 500, according to Tajinder Dhillon, head of earnings research at LSEG. That compares with 14.4% as of April 1.

And about 81% of reports are beating analyst earnings expectations, Dhillon says.

(Caroline Valetkevitch)

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EARLIER ON LIVE MARKETS:

BRAVE NEW RETAIL WORLD: FEWER STORES, BIG WINNERS, AI INFLUENCE CLICK HERE

WELLS FARGO SEES A ROTATION OPPORTUNITY INSIDE COMMODITIES CLICK HERE

APRIL CONSUMER SENTIMENT LIFTED TO GLOOMY FROM MOROSE CLICK HERE

US STOCKS RISE ON IRAN HOPES, EARNINGS BOOST CLICK HERE

BENCHMARK TREASURY YIELD COILS LIKE A SPRING AS TRADERS BRACE FOR A BREAKOUT CLICK HERE

REAL RATE DIFFERENTIALS MATTER MORE FOR FX, FOR NOW CLICK HERE

EUROPE'S ECONOMIC MOMENTUM IS FADING FAST CLICK HERE

WEAK OPEN, MARKET RECOVERY ON PAUSE CLICK HERE

EUROPE BEFORE THE BELL: STOCKS SET FOR DROP, HEADING FOR SHARP WEEKLY FALL CLICK HERE

IRAN FLAUNTS ITS GRIP, INVESTORS COWER CLICK HERE

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