U.S. stocks mixed as Aramark reports strong earnings and crude oil prices fall
U.S. stocks showed mixed results on Monday. The Dow rose 0.76% to 44,324.99, while the Nasdaq fell 0.15% to 19,257.81. The S&P 500 gained slightly, up 0.04% to 5,998.191. Financials led gains, increasing by 1.4%. Aramark reported strong fourth-quarter earnings, with revenue growing 5% year-over-year to $4.42 billion, though it fell short of expectations. The company announced a $500 million share buyback and raised its quarterly dividend by 11% to 10.5 cents per share. In commodities, crude oil prices dropped 3.1% to $68.18. European markets closed higher, with the STOXX 600 gaining 1.13%. Asian markets were mostly up, with Japan's Nikkei 225 rising slightly.