Stock Market Watch

Stocks Finish Higher

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Stocks bounced back in late trading on Monday to finish the day in green. All three major indexes rose for a second successive trading session.

The Dow Jones ended the day 0.14% higher at 14,567.17, the S&P 500 ended the day 0.47% higher at 1,562.50, and the Nasdaq ended the day 0.86% higher at 3,233.55.

All sectors in the S&P 500 except Conglomerates ended the day in green. Technology sector led the gains, ending the day 1% higher. Basic Materials and Energy sectors also rose sharply, ending the day 0.61% and 0.85% higher, respectively. Conglomerates ended the day 0.82% lower.

Among the major movers on Monday were Caterpillar Inc. (NYSE: CAT), which ended the day 2.83% higher at $82.71, General Electric Company (NYSE: GE), which ended the day 1.84% lower at $21.35, Apple Inc. (NASDAQ: AAPL), which ended the day 2.08% higher at $398.67, International Business Machines Corp. (NYSE: IBM), which ended the day 1.14% lower at $187.83, and Microsoft Corporation (NASDAQ: MSFT), which ended the day 3.58% higher at $30.83.

On the economic front, a report released by the National Association of Realtors showed that existing home sales slipped 0.6% in March to a seasonally adjusted 4.92 million annual rate.

European markets ended on a mixed note on Monday, with FTSE 100 Index in London closing 0.09% lower, and the CAC 40 Index in Paris closing flat. Asian markets ended mostly higher overnight, with the Nikkei 225 Index in Japan closing 1.89% higher, 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.

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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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