U.S. indices pared early losses and closed higher Monday.
Markets were trading lower to start the session as stocks continued to fall after the Fed last week indicated it may move more quickly on rate hikes to combat inflation. China’s COVID-19 outbreak has also added to global macro uncertainty.
- The Nasdaq composite finished lower by 1.99% to 13,720; The Invesco QQQ Trust Series 1 (NASDAQ:QQQ) lost 2.07% to $334.15
- The S&P 500 traded lower by 1.48% to 4,393; The SPDR S&P 500 ETF Trust (NASDAQ:SPY) lost 1.50% to $438.06
- The Dow Jones composite finished lower by 0.87% to 11,866; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ:DIA) finished lower by 1.09% at $347.71
Here are the day's winners and losers from the Nasdaq-100, according to data from Benzinga Pro.
Moderna Inc (NASDAQ:MRNA), Match Group Inc (NASDAQ:MTCH) and Mercadolibre Inc (NASDAQ:MELI) were among the only gainers for the QQQ Monday.
Netflix Inc (NASDAQ:NFLX), ASML Holding NV (NASDAQ:ASML) and Illumina, Inc. (NASDAQ:ILMN) were among the top losers for the Nasdaq-100.
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