Investing.com -- U.S. stocks were rising on Monday as investors soaked in more corporate earnings ahead of this week's Federal Reserve meeting.
Here are some of the biggest U.S. stock movers today:
Mattel (NASDAQ:MAT) stock rose 2% after the "Barbie" movie became the highest-grossing movie so far this year domestically, and this is expected to translate into higher sales of the toymaker’s iconic doll.
AMC Entertainment (NYSE:AMC) stock soared 37% after a judge blocked the theater chain's stock conversion plan that risked diluting investors' holdings. The theater operator is also getting a boost from the weekend's strong box office sales for the movies "Barbie" and "Oppenheimer."
Apple (NASDAQ:AAPL) stock rose 0.5% after Bloomberg reported that the tech giant is asking suppliers to produce about 85 million units of the iPhone 15 this year, roughly in line with the year before.
Tesla (NASDAQ:TSLA) stock rose 2.7%. UBS downgraded its stance on the EV manufacturer to ‘Neutral’ from ‘Buy’, saying the recent rally means the stock is now fairly valued.
Spotify (NYSE:SPOT) stock fell 5% after the music streaming company said it was raising the prices for its premium plans by $1 each in the United States, in an attempt to boost profitability.
Chevron (NYSE:CVX) stock rose 2.6% after the oil major revealed over the weekend a $6 billion net profit in the quarter ended June 30, ahead of expectations.
Johnson & Johnson (NYSE:JNJ) stock rose 1.1% after the drugmaker launched an exchange offer for its investors to exchange J&J's shares with those of its consumer health unit Kenvue (NYSE:KVUE).
Domino’s (NYSE:DPZ) stock rose 1.4% after the pizza chain missed expectations for second-quarter revenue, as elevated delivery fees and higher prices to boost margins hurt demand.
- Public Storage (NYSE:PSA) stock rose 0.9% after the self-storage properties operator agreed to buy Simply Self Storage from Blackstone Real Estate Income Trust for $2.2B.
--Peter Nurse contributed reporting