[BRIEFING.COM] There has been a rebound effort in the afternoon trade, albeit a tentative one that seems to be hinging on the performance of the mega-cap stocks.
The tone is better than it was before, as the S&P 500 held above 6,700 on the approach to its earlier lows (6,707.51).
Today's session has been governed largely by earnings news and the reaction to earnings results. That will be the case again tomorrow, as there is a huge lineup of companies set to report their quarterly results after today's close, such as Airbnb (ABNB 121.91, -0.59, -0.48%), Block (XYZ 71.86, -1.80, -2.44%), DraftKings (DKNG 28.32, +0.40, +1.43%), Expedia Group (EXPE 219.88, +6.06, +2.84%), MP Materials (MP 52.80, -2.14, -3.89%), The Trade Desk (TTD 46.88, -0.82, -1.73%), and Sweetgreen (SG 6.36, -0.11, -1.70%), to name a few.
Be sure to visit Briefing.com's Earnings Results Calendar for the full rundown of companies due to report their results.