Publish date:

D.R. Horton Surges on Earnings, Mattel Slashes Holiday Quarter Forecast

U.S. stocks were little moved in midday trading Monday as investors digested the Syriza victory in Greece over the weekend.

U.S. stocks were little moved in midday trading Monday as investors digested the Syriza victory in Greece over the weekend. Energy producers are helping to lift the blue chips. Exxon Mobil (XOM) and Chevron (CVX) are both driving higher in the session. Homebuilder D.R. Horton (DHI) is up 6% after beating expectations with its quarterly profit. Revenue also jumped 38% year over year. Mattel (MAT) is off its lows of the day but still down about 3%. The stock fell sharply at the open on news of its chairman and CEO being ousted. The toymaker slashed its profit guidance for the holiday quarter, well below consensus.

TheStreet Recommends