US stocks fell Monday as investors faced another medley of earnings and evaluated the outlook for interest rates following January’s blowout jobs report.
The S&P 500 (^GSPC) closed down 0.6%, while the Dow Jones Industrial Average (^DJI) edged a modest 40 points, or 0.1%, lower. The technology-heavy Nasdaq Composite (^IXIC) declined 1%.
Dell Technologies (DELL) said Monday it would eliminate about 6,650 jobs, or roughly 5% of its global workforce, making it the latest in a wave of technology companies to announce layoffs. Shares fell 3% on Monday.
In a memo to employees, co-Chief Operating Officer Jeff Clarke said the







