Monday, 8 April 2019

Asian shares held back by cautious mood, oil surges

The DowJones Industrial Average fell 83.97 points, or 0.32%, to 26,341.02, the S&P 500 gained 3.03 points, or 0.10%, to 2,895.77 and the Nasdaq Composite added 15.19 points, or 0.19%, to 7,953.88.

The S&P 500 and the Nasdaq edged into positive territory on Monday, with gains held in check by falling industrials as investors braced for what analysts now expect to be the first quarter of contracting earnings since 2016.

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