Stocks drift at start of holiday-shortened week

Stocks drift at start of holiday-shortened week

By The Associated Press | Posted - Jun. 30, 2014 at 10:10 a.m.


1 photo

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

NEW YORK (AP) — Stocks are little changed in midday trading as the market heads for a modest gain for June.

The Dow Jones industrial average lost 15 points, or 0.1 percent, to 16,836 as of noon Eastern Time Monday.

The Standard & Poor's 500 index was flat at 1,961. The Nasdaq composite edged up eight points, or 0.2 percent, to 4,405.

The S&P 500 ended last week with a slight loss but is still up nearly 2 percent in June.

Paint maker PPG Industries rose 3 percent after announcing plans to buy Mexico's Consorcio Comex.

Bond prices rose. The yield on the 10-year Treasury note edged down to 2.52 percent.

U.S. markets will close early on Thursday and remain closed Friday for the July 4th holiday.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Photos

The Associated Press

    SIGN UP FOR THE KSL.COM NEWSLETTER

    Catch up on the top news and features from KSL.com, sent weekly.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast