Earnings live: Kyndryl and Monday.com stocks tank, Cleveland-Cliffs slides, Chegg drops

The fourth quarter earnings season is more than halfway over, and the S&P 500 is on track for solid earnings growth. As of Feb. 6, 59% of S&P 500 (^GSPC) companies have reported fourth quarter results, according to FactSet data, and Wall Street analysts estimate a 13% increase in earnings per share for the fourth quarter. If that rate holds, it would represent the 10th consecutive quarter of annual earnings growth for the index and the fifth consecutive quarter of double-digit growth. S&P 500 earnings gr ...