U.S. stocks followed Europe's lead on Monday and the broader stock market averages closed 0.9% to 1.3% higher. Technology and utility names led the way higher. Hasbro (HAS) was the big single winner of the session, gaining more than 12%, on a higher earnings outlook.
Faro Technologies (FARO) was the big earnings-related loser of the session, falling more than 25%. Licensed apparel firm Iconix (ICON) also fell 20%, after facing its second C-level executive departure in the past month.
In after-hours action, Fortinet (FTNT) and Lam Research (LRCX) are each trading 8% higher, after posting better-than-expected quarterly results. On the other hand, Sanmina (SANM) is trading down 11%, after announcing lower-than-expected earnings.
Looking ahead to Tuesday morning, DuPont (DD), Kimberly-Clark (KMB) and Verizon (VZ) headline the busy earnings calendar.