U.S. stocks drifted lower at the start of what will be a shortened trading week.
The S&P 500 slipped 0.3% Monday. The Dow Jones Industrial Average gave back 0.4%, and the Nasdaq composite edged down 0.3%. Boeing rose after the airplane maker announced a management shakeup.
The market was cooling after last week’s run, which sent all three indexes to records on Thursday. This week could be relatively quiet, with the headline report on U.S. consumer spending and inflation coming Friday. U.S. markets will be closed that day for Good Friday. Treasury yields rose in the bond market.
On Monday:
The S&P 500 fell 15.99 points, or 0.3%, to 5,218.19.
The Dow Jones Industrial Average fell 162.26 points, or 0.4%, to 39,313.64.
The Nasdaq composite fell 44.35 points, or 0.3%, to 16,384.47.
The Russell 2000 index of smaller companies rose 2.17 points, or 0.1%, to 2,074.16.
For the year:
The S&P 500 is up 448.36 points, or 9.4%.
The Dow is up 1,624.10 points, or 4.3%.
The Nasdaq is up 1,373.12 points, or 9.1%.
The Russell 2000 is up 47.09 points, or 2.3%.
Before you consider Boeing, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Boeing wasn't on the list.
While Boeing currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
