- The major stock indices posted modest losses on Monday.
- The S&P 500 energy index is down more than 1%.
- Tech stocks post small gains on early trading.
The main Wall Street indices They started the last day of November in negative territory as investors may be looking to reserve their gains after the impressive monthly rally. At time of writing, the Dow Jones Industrial Average was down 0.82% on the day to 29,661, the S&P 500 Index was losing 0.42% to 3,622, and the Nasdaq Composite was down 0.17% to 12,237.
Among the top 11 sectors in the S&P 500, the Energy Index is losing 1.22% in daily pressure from falling crude prices. On the other hand, the Technology Index is registering small gains in the first trades.
On Monday, the US Federal Reserve announced that it has extended liquidity facilities for commercial paper, money markets, primary traders and paycheck protection program until March 31, 2021. This holder, however, it was intended to boost market confidence.
S&P 500 chart (daily)
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