Estimated read time: Less than a minute
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 Information in the story may be outdated or superseded by additional information.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) — U.S. stocks are closing out another strong quarter, giving the Standard & Poor's 500 index its sixth straight quarterly gain.
The market was mixed on the day as trading was muted ahead of the July 4th holiday in the U.S.
The S&P 500 edged down less than a point to close at 1,960 Monday, two points below the record high it set on June 20.
The Dow Jones industrial average lost 25 points, or 0.2 percent, to 16,826. The Nasdaq composite rose 10 points, or 0.2 percent, to 4,408.
Homebuilder stocks rose following a report that the number of Americans who signed contracts to buy homes shot up in May. D.R. Horton gained 3 percent.
Bond prices rose. The yield on the 10-year Treasury note edged down to 2.52 percent.
Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
