Gold hits new high | Dollar clobbered | Will earnings season slow stocks?

Stocks rose on Monday as investors braced for a big week of corporate earnings.

VIEW IN BROWSER | SUBSCRIBE MON, JUL 27, 2020 EVENING BRIEF AS OF MON, JUL 27, 2020 • 04:02 ET DJIA 26586.15 +0.44% +116.26 S&P 500 3239.50 +0.74% +23.87 NASDAQ 10536.27 +1.67% +173.09   Most Active DOW NAME LAST CHG %CHG INTC 49.57 -1.02 -2.02% BA 170.21 -3.55 -2.04% AAPL 379.24 +8.78 +2.37% S&P 500 NAME LAST CHG %CHG AMD 68.97 -0.43 -0.62% INTC 49.57 -1.02 -2.02% GE 6.71 -0.15 -2.19% NASDAQ NAME LAST CHG %CHG AMD 68.97 -0.43 -0.62% INTC 49.57 -1.02 -2.02% AAL 11.39 UNCH UNCH EDITOR'S NOTE Gold prices can sometimes serve as a messenger that all that glitters in the stock market is not what it seems.   Spot prices for the precious metal hit a record high on Monday amid rising coronavirus cases and trade tensions with China, as well as the expectation of more stimulus from central banks and governments.   "People are questioning the efficacy of Fed policy, government policy going forward," Jim Iuorio of TJM Institutional Services said on CNBC's "The Exchange." "I don't think people think there's going be some kind of some cataclysmic currency crisis. … There's a question mark of how far these things can go." Equities edged higher on Monday as investors prepare for one of the busiest weeks of the corporate earnings season. Among the companies reporting this week are Alphabet, Amazon, Apple, AMD, Facebook, McDonald's and Pfizer.   The stock market has been going up even as earnings expectations have been going down. How earnings come in, and how investors respond, could dictate the direction of the market for the rest of the summer.   "Gold is probably giving us a warning," said JJ Kinahan, chief market strategist at TD Ameritrade, "but the market continues to chug along higher."     Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. Al Lewis | CNBC Markets Editor @tellittoal TOP NEWS  Stocks rise to start the week as Apple leads tech higher, gold hits record Gold prices surge to record high amid coronavirus worries, U.S.-China tensions Dollar move signals new era of weakness for currency, as gold gains A robust junk bond market gives stock investors confidence as worries about a market top increase Track the latest coronavirus news here Market indicators signaling 'investor greed is present and thus caution is warranted,' MKM says Google extends its coronavirus work-from-home order to summer 2021 Under Armour reveals receipt of 'Wells notice' from SEC over sales probe How the eviction crisis across the U.S. will look DraftKings stock falls after MLB cancels 2 games due to coronavirus outbreak     TOP VIDEO Watch CNBC's full interview with Hasbro CEO Brian Goldner   CNBC PRO There was a 90% drop in deals to start the year — Morgan Stanley's top banker on what happens next   SPECIAL REPORTS The top reports to watch in the busiest week of earnings season, according to two traders AMD vs. Intel shares: Traders debate which is the best bet   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS