Stock indexes closed mostly lower Monday after giving up an early gain in another day of roller-coaster trading on Wall Street
Stock indexes closed mostly lower Monday after giving up an early gain in another day of roller-coaster trading on Wall Street.
Technology companies, which led the market higher in the morning, led it lower in the afternoon. Investors were discouraged to see that California extended a shutdown of bars and indoor dining and ordered gyms, churches and hair salons closed in most places as coronavirus cases keep rising.
The S&P 500 fell 29.82 points, or 0.9%, to 3,155.22.
The Dow Jones Industrial Average gained 10.50 points, or less than 0.1%, to 26,085.80.
The Nasdaq Composite dropped 226.60 points, or 2.1%, to 10,390.84.
The Russell 2000 index of small company stocks lost 19.11 points, or 1.3%, to 1,403.57.
For the year:
The S&P 500 is down 75.56 points, 2.3%.
The Dow is down 2,452.64 points, or 8.6%.
The Nasdaq is up 1,418.24 points, or 15.8%.
The Russell 2000 is down 264.90 points, or 15.9%.