How major US stock indexes fared on Monday


Investors are waiting to learn who the next head of the Federal Reserve will be, what several of the world’s biggest central banks will decide on interest rates, and whether Apple and other big U.S. companies can keep piling their profits higher. In the meantime, reports continued to show that the economy is strengthening and negotiations continued in Washington to cut income-tax rates.

On Monday:

The Standard & Poor’s 500 index fell 8.24 points, or 0.3 per cent, to 2,572.83.

The Dow Jones industrial average fell 85.45 points, or 0.4 per cent, to 23,348.74.

The Nasdaq composite dropped 2.30 points, or less than 0.1 per cent, to 6,698.96.

The Russell 2000 index of smaller-company stocks lost 17.42 points, or 1.2 per cent, to 1,490.90.

For the year:

The S&P 500 is up 334.00 points, or 14.9 per cent.

The Dow is up 3,586.14 points, or 18.2 per cent.

The Nasdaq is up 1,315.85 points, or 24.4 per cent.

The Russell 2000 is up 133.77 points, or 9.9 per cent.