U.S. Stocks Close Mixed Once Again As Early Rally Fades
WASHINGTON (dpa-AFX) - Stocks showed a strong move to the upside in early trading on Monday but gave back ground over the course of the session. The major averages pulled back well off their highs of the session, with the Dow and the S&P 500 sliding into negative territory.
The major averages eventually closed mixed for the third consecutive session. While the Nasdaq rose 62.17 points or 0.5 percent to 12,440.04, the Dow slid 184.82 points or 0.6 percent to 29,861.55 and the S&P 500 fell 15.97 points or 0.4 percent to 3,647.49.
The pullback by stocks came as amid concerns about the impact of new lockdown measures as the coronavirus death toll in the U.S. reached 300,000.
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