S&P 500 rises to start the week, but comes up just short of a record close; European markets close higher after a day of choppy trade; BELEX15 up 0.26%
The S&P 500 rose slightly on Monday to start the week, but fell short of a record closing high once again amid declining trading volumes and lingering concerns over a U.S. coronavirus stimulus bill. The broader market index gained 0.3% to close at 3,381.99. The Nasdaq Composite advanced 1% to 11,129.73, hitting an all-time high. The Dow Jones Industrial Average lagged, falling 85 points, or about 0.3%, to close at 27,844.91.
European stocks ended the day in the green on Monday after a choppy start to the week, with geopolitical tensions and concerns over the spread of the coronavirus on investors’ radar. The pan-European Stoxx 600 provisionally closed 0.4% higher, after trading around the flat line for most of the day. Basic resources added around 1.6%, while travel and leisure stocks fell around 1.5%.
German meal-kit delivery company HelloFresh rose 4.6%, while at the other end of the European blue-chip index, cinema chain Cineworld slipped 7.6%
BELEX15 added 0.26% as Belgrade Airport added 1.7%, while NIS lost 0.36%. The most active was NIS as it generated almost the entire trade volume on the market – RSD 0.6m, which is among record lows. We saw no specific corporate or macro events.
Source: CNBC, Ilirika