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US stocks: S&P 500 ekes out gain as tech supports, J&J, Goldman disappoint
The S&P 500 recorded a slight gain as strong performances by technology stocks offset weak quarterly reports from Johnson & Johnson and Goldman Sachs. Caution among investors remains high with disappointing Q1 results and concerns over inflation continuing to weigh on the market. Despite some optimism, S&P 500 company earnings are expected to have declined 4.8% in Q1 versus the previous year.
The S&P 500 recorded a slight gain as strong performances by technology stocks offset weak quarterly reports from Johnson & Johnson and Goldman Sachs. Caution among investors remains high with disappointing Q1 results and concerns over inflation continuing to weigh on the market. Despite some optimism, S&P 500 company earnings are expected to have declined 4.8% in Q1 versus the previous year. 
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