Stock Market Watch

Stocks End Mixed as Investors Remain Cautious Ahead of Nonfarm Payrolls Data

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Stocks ended on a mixed note in trading on Monday as investors remained on the sidelines following last week’s rally. Investors were also cautious ahead of the release of September nonfarm payrolls on Tuesday.

The Dow Jones ended the day 0.05% lower at 15,392.20, the S&P 500 ended the day 0.01% higher at 1,744.66, and the Nasdaq ended the day 0.15% higher at 3,920.05.

Healthcare sector was the worst performer in the S&P 500 in trading today, ending the day 0.44% lower. Consumer Non-Cyclical sector also edged lower, ending the day 0.28% lower. Basic Materials sector was the best performer in the S&P 500, ending the day 0.47% higher. Industrials ended the day 0.32% higher. Technology sector rose 0.45%.

Among the major movers on Monday included Crosstex Energy Inc. (NASDAQ: XTXI), which ended the day 71.46% higher at $35.32, Netflix Inc. (NASDAQ: NFLX), which ended the day 6.44% higher at $354.99, and McDonald’s Corporation (NYSE: MCD), which ended the day 0.64% lower at $94.59.

On the economic front, a report from the National Association of Realtors showed that existing home sales fell 1.9% to an annual rate of 5.29 million in September. Economists were expecting existing home sales to fall 2.9%. All eyes are now set on the September nonfarm payrolls, which has been delayed due to the government shutdown. The data will be released on Tuesday.

European markets ended on a mixed note on Monday, with the FTSE 100 Index in London closing 0.48% higher, and the CAC 40 Index in Paris closing 0.21% lower. Asian markets ended mostly higher overnight, with the Nikkei 225 Index in Japan closing 0.91% higher, and the Hang Seng Index in Hong Kong closing 0.42% higher.

 








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edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.

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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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