U.S. stocks showed mixed performance on Monday, with the Dow Jones Industrial Average declining by approximately 250 points. After the market opened, the Dow fell 0.51% to 49,860.74, while the NASDAQ Composite rose 0.12% to 23,058.05. The S&P 500 edged down 0.02% to 6,931.07.
Becton Dickinson Delivers Strong Q1 Results
Becton Dickinson and Co. (NYSE: BDX) reported robust first-quarter 2026 results. Adjusted earnings reached $2.91 per share, surpassing the consensus estimate of $2.81. Revenue came in at $5.25 billion, exceeding expectations of $5.15 billion. However, the company revised its fiscal 2026 adjusted earnings guidance downward to $12.35-$12.65 per share, from the prior range of $14.75-$15.05 per share, against a consensus of $14.72.
Sector Highlights
Information technology stocks led gains, climbing 1%. Consumer discretionary shares lagged, dropping 1.3%.
Commodities Update
Oil prices dipped 0.4% to $63.29 per barrel. Gold advanced 0.8% to $5,018.70, silver surged 2.5% to $78.830, and copper eased 0.2% to $5.8705.
European Markets
European indices mostly rose. The STOXX 600 increased 0.1%, Spain’s IBEX 35 gained 0.4%, Germany’s DAX rose 0.5%, and France’s CAC 40 added 0.1%. London’s FTSE 100 bucked the trend, falling 0.3%.
Asia-Pacific Performance
Asian markets ended higher. Japan’s Nikkei 225 jumped 3.89%, Hong Kong’s Hang Seng Index rose 1.76%, China’s Shanghai Composite advanced 1.41%, and India’s BSE Sensex gained 0.58%.
Upcoming Economic Data
Consumer inflation expectations data is scheduled for release today.
