US Markets Update by Epic Research

US stocks ended a quiet session on Monday essentially unchanged as investors found few reasons to keep buying following a six-day rally in the S&P 500, though merger activity lifted energy shares.



The S&P was coming off its longest streak of advances since mid-April, and both it and the Dow had closed at records on Friday. While Wall Street’s uptrend is still viewed as intact, investors are looking for catalysts to deliver more robust gains, and recent economic data has been mixed.



The Dow Jones industrial average fell 9.82 points or 0.06 percent, to 16,937.26, the S&P 500 lost 0.26 points or 0.01 percent, to 1,962.61 and the Nasdaq Composite added 0.64 points or 0.01 percent, to 4,368.68.



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Posted in: Indian Market Tips