Stocks ended mixed on Wall Street following the latest signal showing the U.S. economy is slowing
Stocks ended mixed on Wall Street following the latest signal showing the U.S. economy is slowing.
The S&P 500 edged up 0.1% Monday after erasing a midday slump. The benchmark index is coming off its sixth winning month in the last seven. The Dow Jones Industrial Average lost 0.3%, and the Nasdaq composite rose 0.6%.
Several tech stocks including Nvidia ended higher, but stocks of oil-and-gas producers fell after the price of crude tumbled. Treasury yields slid in the bond market after a report showed that U.S. manufacturing shrank in May for the 18th time in 19 months.
On Monday:
The S&P 500 rose 5.89 points, or 0.1%, to 5,283.40.
The Dow Jones Industrial Average fell 115.29 points, or 0.3%, to 38,571.03.
The Nasdaq composite rose 93.65 points, or 0.6%, to 16,828.67.
The Russell 2000 index of smaller companies fell 10.44 points, or 0.5%, to 2,059.68.
For the year:
The S&P 500 is up 513.57 points, or 10.8%.
The Dow is up 881.49 points, or 2.3%.
The Nasdaq is up 1,817.32 points, or 12.1%.
The Russell 2000 is up 32.61 points, or 1.6%.
