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.

 








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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.

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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