Stocks End on a Mixed Note
Stocks ended on a mixed note in a choppy trading session on Monday as investors took a breather after the Dow Jones and the S&P 500 rose to record high levels last week.
The Dow Jones ended the day 0.30% lower at 15,612.13, the S&P 500 ended the day 0.15% lower at 1,707.14, and the Nasdaq ended the day 0.09% higher at 3,692.95.
Utilities were the worst performers in the S&P 500, ending the day 0.57% lower. Financials also edged lower, ending the day 0.34% lower. Energy sector fell 0.25%. Consumer Non-Cyclical and Technology were the only sectors in the S&P 500 to finish the day in green.
Among the major movers on Monday were Yelp Inc. (NYSE: YELP), which ended the day 5.28% lower at $54.01, Tyson Foods Inc. (NYSE: TSN), which ended the day 4.14% higher at $29.69, InterDigital Inc. (NASDAQ: IDCC), which ended the day 10.01% lower at $36.48, SolarCity Corp. (NASDAQ: SCTY), which ended the day 8.25% higher at $45.15, and Fossil Group Inc. (NASDAQ: FOSL), which ended the day 6.04% lower at $107.42.
On the economic front, a report released by the Institute for Supply Management (ISM) showed non-manufacturing activity in the U.S. picked up pace in the month of July.
European markets ended on a mixed note on Monday, with the FTSE 100 Index in London closing 0.43% lower, and the CAC 40 Index in Paris closing 0.11% higher. Asian markets also ended on a mixed note overnight, with the Nikkei 225 Index in Japan closing 1.44% lower, and the Hang Seng Index in Hong Kong closing 0.14% higher.
More Posts by this author
Fed Tapering Worries Push Stocks Lower
Gold Prices Edge Higher; Silver Prices Slip
Stocks Remain Lower in Mid-Day Trading
Stocks Move Lower in Early Trading
Forex Market Update: Yen Gains Against Dollar, Dollar Index slips
Gold Prices Extend Losses, Silver Prices Plunge More Than 1%
Stocks Futures Down, Possibility of Early Tapering of QE3 Weighs On the Sentiment
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. |