Ticker: Wall Street rises to start a week full of earnings reports and a Fed meeting

U.S. stocks ticked higher Monday to begin a week packed with potentially market-moving reports.

The S&P 500 rose 16.21 points, or 0.3%, to 5,116.17, coming off its best week since November. The Dow Jones Industrial Average added 146.43, or 0.4%, to 38,386.09, and the Nasdaq composite gained 55.18, or 0.3%, to 15,983.08.

This week will see about a third of all the companies in the S&P 500 reporting how much profit they made during the first three months of the year. That includes such heavyweights as Amazon and Apple. So far reports have largely been better than expected, with roughly half the S&P 500’s reports in, highlighted last week by Alphabet, Microsoft and others.

Supreme Court will hear case claiming CBD product got trucker fired

The Supreme Court agreed Monday to hear an appeal from a CBD hemp oil maker fighting a lawsuit from a truck driver who says he got fired after using a product falsely advertised as being free from marijuana’s active ingredient.

Douglas Horn says he took the product to help with chronic shoulder and back pain he had after a serious accident. The company said it contained CBD, a generally legal compound that is widely sold as a dietary supplement and included in personal-care products, but not THC, which gives marijuana its high, Horn said in court documents.

After a failed routine drug test got him fired, Horn says he confirmed with a lab that the product did have THC. He sued the Vista, California, company under the Racketeer Influenced and Corrupt Organizations Act, among other claims, alleging the THC-free marketing amounted to fraud.

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