Stocks ended a relatively quiet trading session on Monday with mixed results, as the Dow Jones Industrial Average and the S&P 500 edged out small gains while the Nasdaq Composite was marginally lower. Of the 10 S&P 500 sectors, six were higher, with consumer discretionary stocks posting the largest gains. Fourteen of the 30 Dow components were stronger, with General Electric ( GE ) up 1.3% to lead the advancers while Microsoft ( MSFT ) fell by the about same amount.
Economic data was mixed, with data showing personal spending in February rose an expected 0.1% while January was revised down to 0.1% from 0.5%. The National Association of Realtors' February pending home sales index bounced 3.5% to 109.1 in February, the biggest increase in seven months. Investors are now looking ahead to a speech tomorrow by Federal Reserve Chair Janet Yellen on the economic outlook and monetary policy.
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