Mixed earnings reports weigh on stocks

Published



NEW YORK — Mixed corporate earnings reports weighed on stocks Monday. Kimberly-Clark Corp., the maker of Kleenex and Huggies, dropped 2.7 percent after missing earnings estimates. The company also lowered its earnings forecast for the full year and said it plans to raise prices to offset higher costs.

Traders said rising commodity costs were making investors cautious.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.