Stocks closed mixed on Monday after the market's strong gains from last week that was partially due to investor optimism that the US-China trade dispute will come to a settlement.
Nasdaq Composite Index turned positive in late-day trading, rising 0.19%. The S&P 500 also managed to reach the upside in the last hour, struggled to retain it, but ended higher with a 0.10% gain. Meanwhile, the Dow Jones Industrial Average slipped 0.32%, weighed down by losses in shares of Boeing ( BA ).
The energy sector was leading with gains reaching 0.49%, while utilities suffered the most with a 0.73% loss.
In commodities, West Texas Intermediate crude oil futures rose 2.17% to $64.45 per barrel. Natural gas was up 1.80% to $2.71 per 1 million BTU. Gold futures climbed 0.46% to $1,301.60 an ounce, while silver rose 0.86% to $15.22 an ounce.
Among energy ETFs, the United States Oil Fund closed higher at 1.9% to $13.40 while the United States Natural Gas Fund ended with a 1.51% gain to $23.85. Among precious-metal funds, the Vectors Gold Miners ETF rose 1.16% to $22.69 while SPDR Gold Shares closed higher at 0.48% to $122.56. The iShares Silver Trust was up 0.95% at $14.31.
Dow Jones Industrial Average was down 83.97 points (-0.32%) to 26,341.02
S&P 500 was up 3.03 points (+0.10%) to 2,895.77
Nasdaq Composite Index was up 15.19 points (+0.19%) to 7,953.88
FTSE 100 was up 5.02 points (+0.07%) to 7,451.89
DAX was down 46.35 points (-0.39%) to 11,963.40
CAC 40 was down 4.42 points (-0.08%) to 5,471.78
Nikkei 225 was down 45.85 points (-0.21%) to 21,761.65
Hang Seng Index was up 140.83 points (+0.47%) to 30,077.15
Shanghai China Composite Index was down 1.47 points (-0.05%) to 3,244.81
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