Dow falls more than 100 points as Covid-19 cases continue to rise, Nasdaq hits record; European markets close lower as last-ditch Brexit talks take place; BELEX15 down only light 0.02%
The Dow Jones Industrial Average and S&P 500 fell on Monday following a record-setting session as traders worried about rising coronavirus cases and searched for clues on additional fiscal aid. The 30-stock Dow closed 148.47 points lower, or 0.5%, at 30,069.79 and snapped a four-day winning streak. The S&P 500 dipped 0.2% to 3,691.96. The Dow and the S&P 500 had closed at all-time highs on Friday. The Nasdaq Composite, meanwhile, rose 0.5% to 12,519.95 and hit a fresh record high.
Intel was the worst-performing Dow stock, falling 3.4%. The energy sector led the S&P 500 lower, sliding 2.4%. Facebook rose 2.1%, and Apple gained 1.2% to lead the Nasdaq higher. Tesla also contributed to the Nasdaq’s gains, advancing 7.1% and reaching an all-time high.
European stocks closed lower Monday as market focus in the region centered on a last-ditch effort between the U.K. and EU to reach a post-Brexit trade deal. The pan-European Stoxx 600 index closed 0.3% lower, with the majority of sectors finishing in negative territory.
BELEX15 ended almost with no change as we saw only light 0.1% gain at Belgrade Airport alongside with 1% drop at Jedinstvo. The most active name was Philip Morris, with RSD 0.7n in volume.
Source: CNBC, Ilirika