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U.S. Stocks Retreat After Positive Start, Close On Mixed Note

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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U.S. stocks ended on a mixed note on Monday with investors largely making cautious moves as they looked ahead to speeches from several Fed officials, including Chairman Jerome Powell, and continued to keep an eye on the developments surrounding debt-laden China Evergrande.

Among the major averages, the Dow, which rose to 35,061 by mid morning, closed with a gain of 71.37 point or 0.21 percent at 34,869.37. The S&P 500, moved between 4,436.19 and 4,457.30, settled with a loss of 12.37 points or 0.28 percent at 4,443.11, while the Nasdaq settled at 14,969.97, losing 77.73 points or 0.52 percent.

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