Oliver Gray 

Investor.com fell slightly Monday evening, as major benchmark averages ended higher at the close of regular trade. Market participants are now looking ahead to major technology company earnings reports.

They were at 6:38 PM ET (11:38 GMT), and were 0.1% lower.

Among stocks, Cadence Design Systems Inc (NASDAQ:) lifted 4.6% in after-hours trade following the company’s quarterly . The earnings per share were $1.17, compared to $1.02 anticipated and the revenue at $901.77million versus $770.84 millions expected. It also released positive full-year earnings guidance and revenue guidance.

O-I Glass Inc. (NYSE:) saw 10.6% growth after Q1 earnings per share of $0.56. This beat expectations by $0.40. Quarterly revenue was $1.69 billion, compared to $1.55 billion.

SBA Communications Corp The stock price of (NASDAQ) rose 2.8% following quarterly results. Earnings per share came in at $1.72 against $1, while revenues stood at $619.7million, which is $603.51 million more than expected. Company also revealed repurchasing of 1.3 Million shares.

Universal Health Services Inc (NYSE) fell 12.1% after Q1 earnings of $2.15. This was below the consensus estimate of $2.46. Revenue came in at $3.29 Billion, compared to $3.24 billion.

Big tech earnings will be reported in the next session. They are scheduled to start after the bell.

Investors are looking for new economic data later in the session.

During Monday’s regular trade, the erased a 500-point intraday loss to close 238.06 points or 0.7% higher at 34,049.47. This was 0.6% more than the 4,296.13 level and it gained an additional 24.34 point, which is 0.6%. The stock also rose 165.56 percent or 1.3% to 13,004.85.

These moves were made as technology companies rallied in the face of falling interest rates. They also came ahead of a week of intense earnings reports for tech megacap stocks. Twitter Inc (NYSE:) also jumped after its board accepted Tesla Inc (NASDAQ:) CEO Elon Musk’s offer to take it private.

Rates on the bond market fell to 2.818%.