S&P 500, Nasdaq notch fourth day of gains as investors await key earnings; European markets close lower as China economy slows 
Stocks rebounded on Monday after opening lower, as investors bet on a continuation of strong earnings reports from major companies. Tesla and Netflix gained ahead of third-quarter reports this week. 
The S&P 500 rose 0.3% to 4,486.46, while the Dow Jones Industrial Average fell 36.15 points, or 0.1%, to 35,258.61. The Nasdaq Composite gained 0.8% to 15,021.81. 
A few things dented sentiment initially on Monday. Overnight, China reported GDP that disappointed, coming in at 4.9% annual growth in the third quarter. That was short of the 5.2% growth expected by economists polled by Reuters. Industrial production in China last month also fell short of expectations. 
Disney shares lost 3% after Barclays downgraded the stock and predicted streaming subscriber growth will slow. 

European stocks closed lower on Monday as investors reacted to slowing economic growth in China and soaring oil prices fueled elevated inflation concerns. 
Finnish retailer Kesko fell 5.7% while Belgian miner Umicore dropped nearly 4% after cutting its profit forecast. 
Source: CNBC, Investing.com