US stock markets closed mixed on Monday, with the S&P 500 slightly down while the Dow fell more significantly. Energy stocks saw a boost, rising 1.7% on the day. Yum China Holdings, Inc. was a notable gainer, rising over 8% after exceeding earnings expectations. Other notable moves include Nuwellis, Inc., Neurogene Inc., and Advent Technologies Holdings, Inc. which all saw significant gains. Meanwhile, 1847 Holdings LLC, The E.W. Scripps Company, and Centrus Energy Corp. experienced substantial losses.
Results for: Yum China Holdings
Wall Street is anticipating quarterly earnings reports from various companies today, including Domino’s Pizza, Yum China Holdings, Tesla, ON Semiconductor, and NXP Semiconductors. Domino’s is estimated to have earnings per share of $3.39 on revenue of $1.08 billion. Yum China’s earnings are projected at 65 cents per share on revenue of $3.05 billion. Tesla is laying off 693 employees in Nevada, as part of a 10% company-wide layoff, while increasing the price of its Model 3 Performance. ON Semiconductor is anticipated to report earnings of $1.04 per share on revenue of $1.85 billion. NXP Semiconductors is expected to have earnings per share of $3.16 on revenue of $3.13 billion.