U.S. indices fell Monday amid continued concerns over Fed tapering in order to combat inflation. Investors continued to assess upcoming corporate earnings while a new 2-year high of 2.884% for the U.S. 10-Year Treasury pressured technology and growth stock valuations.
- The Nasdaq composite finished higher by 0.13% to 13,910; The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) gained 0.07% to $338.69
- The S&P 500 traded lower by 0.02% to 4,391; The SPDR S&P 500 ETF Trust (NASDAQ:SPY) gained 0.04% to $437.97
- The Dow Jones composite finished lower by 0.25% to 11,654; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) finished lower by 0.05% at $344.10
Here are the day's winners and losers from the S&P 500, according to data from Benzinga Pro.
Valero Energy Corporation (NYSE:VLO), Twitter Inc (NYSE:TWTR) and Synchrony Financial (NYSE:SYF) were among the top gainers for the SPY Monday.
Charles Schwab Corporation Common Stock (NYSE:SCHW), Etsy Inc (NASDAQ:ETSY) and Moderna Inc (NASDAQ:MRNA) were among the top losers for the S&P 500.
Elsewhere On The Street
Following Elon Musk's bid to buy Twitter, the social media company adopted a limited duration shareholder rights plan, often referred to as a "poison pill."... Read More
President Joe Biden and first lady Jill Biden released their income tax returns last week. The first couple reported $610,702 in adjusted gross income and paid $150,439 in federal income tax at an effective tax rate of 24.6%... Read More
Elon Musk said on Sunday that the $26.8 million spent on protecting Facebook founder Mark Zuckerberg from threats sounded “high.”... Read More
