US Stock Market: Mixed Start for Major Indexes

IconCryptoNewsTerminal Staff16 Sep, 2024

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US Stock Market: Mixed Start for Major Indexes

The US stock market had a mixed start on Monday, with the three major indexes posting different performances. The S&P 500, a broad measure of the US stock market, lost 0.13% to close at 4,012.34. The Nasdaq Composite, which is heavily weighted towards technology stocks, fell more sharply by 0.98% to end the day at 11,910.53. Meanwhile, the Dow Jones Industrial Average, which tracks the performance of 30 large US companies, eked out a gain of 0.68% to close at 34,156.69. The mixed start to the week comes after a strong performance for the US stock market in recent months. However, investors are keeping a close eye on the latest developments in the Russia-Ukraine conflict and the ongoing COVID-19 pandemic, which could impact market sentiment in the coming weeks and months.