Markets are gauging the health of corporate profits and the economy after several banks kicked off first-quarter reports with strong results last week.
The S&P 500, the Dow Jones industrials, and the Nasdaq have sold off sharply for December and are on track for their biggest annual declines since the 2008 financial crisis.
Microsoft Corp rose 2.89% following the tech giant's deal to buy a 4% stake in the London Stock Exchange Group, helping to boost each of the three major indexes.