Stocks Advance Ahead Of Earnings

According to Reuters, world stocks slid from their earlier gains on Monday as less than stellar quarterly results from U.S. banks turned Wall Street sluggish. European stocks climbed at a modest pace after progress in the U.S.-China trade talks buoyed hopes and investors grew somewhat optimistic about the next batch of corporate earnings. The U.S. benchmark S&P 500 stock index dipped after Goldman Sachs Group and Citigroup Inc both reported quarterly revenue below analytsts projections.

http://feeds.reuters.com/~r/reuters/topNews/~3/eKT4MF-6_5M/stocks-advanc...

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