The Middletown Press (Middletown, CT)

Stocks end mixed due to losses for Big Tech

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Stocks wound up a mixed bag on Wall Street Monday as losses for several Big Tech companies checked gains elsewhere in the market. The S&P 500 fell 0.3 percent, while the techheavy Nasdaq lost 0.5 percent. Microsoft fell 1.7 percent and Apple gave back 1.1 percent. The Dow Jones Industrial Average edged up 0.2 percent and a measure of small-company stocks jumped 1.5 percent. Treasury yields continued to climb. The yield on the 10-year Treasury note rose to 1.49 percent, its highest level since late June. That helped send bank stocks mostly higher. Energy companies also rose as the price of U.S. crude oil climbed 2 percent.

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