U.S. stocks are rising as another week of megacap earnings kicks off By

-- U.S. stocks were rising ahead of a deluge of megacap earnings and top ten foreign exchange platforms regulated by fcathe jobs report for July due out on Friday.

At 09:43 ET (13:43 GMT), the was up 42 points or 0.1%, while the was up 0.2% and the was up 0.3%.

More Big Tech earnings on tap

Stocks ended last week on a high note, amid signs of cooling and economic resilience that have officials looking at the possibility of a soft landing, which means no recession.

This week features earnings by Apple Inc. (NASDAQ:) and Amazon.com, Inc. (NASDAQ:) for the big tech sector. Their reports come after upbeat earnings from (NASDAQ:) and  (NASDAQ:) last week.

Stocks have been rising on hopes that the is near the end of its interest rate hikes, after raising them by another quarter of a point in July. This month the Dow went on the longest winning streak since 1987, pushed higher by financials, energy, and healthcare stocks.

Is a soft landing in the cards?

Minneapolis Fed President Neel Kashkari said on Sunday the economy is making surprisingly good progress. , which is near historic lows at 3.6%, could rise to 4% and it could still be soft landing, he said.

Later today, Chicago Fed President Austan Goolsbee is scheduled to speak.

SoFi Technologies soars after beating expectations

Shares of Corporation (NASDAQ:) were rising 4.7% as it prepared to report earnings later today. SoFi Technologies Inc. (NASDAQ:) stock jumped 19% after better-than-expected quarterly and raised guidance for 2023.

Chevron Corp. (NYSE:) shares rose 2.6% after Goldman upgraded it to buy from neutral, saying the oil major is poised to rise.

Oil was rising. was up 1.1% to $81.46 a barrel, while was up 0.9% to $85.19 a barrel. was up 0.3% to $2,006.

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