NEW YORK CITY—US stocks on Monday ended a quiet day higher as investors looked ahead to some important economic reports later in the week, including the monthly jobs report.
At the closing bell, the Dow Jones Industrial Average tacked on 24.21 points (0.16 percent) at 15,639.76.
The broad-based S&P 500 rose 6.42 (0.36 percent) to 1,768.06, while the tech-rich Nasdaq Composite Index added 14.55 (0.37 percent) at 3,936.59.
Dan Greenhaus, chief global strategist at BTIG LLC, characterized Monday’s economic news flow as “dead” but said markets will likely take notice of Thursday’s report on third-quarter gross domestic product and Friday’s monthly jobs report for October.
“We’ve had a really nice run here and the market feels a little tired,” Greenhaus said.
source: business.inquirer.net
