How major U.S. stock market indexes fared on Monday

The financial sector, down 0.3 percent, was among the day's worst performers, while technology was the biggest drag, with the tech index down 0.4 percent.

"There's not a lot of impetus to move markets today", said David Schiegoleit, managing director at the Private Client Reserve at U.S. Bank. "The market is just biding time until we get more data".

The S&P 500 index rose 1.62 points to settle at 2,357.16.

The Dow Jones Industrial Average slid 6.72 points, or 0.03%, to 20651.30. The Nasdaq composite gained almost 0.1 per cent.

Bond prices rose. The 10-year Treasury yield fell to 2.36% from 2.38% late on Friday. They spent much of the afternoon drifting between small gains and losses. The New York Stock Exchange will close on Good Friday and reopen Monday.

Chris Beauchamp, market analyst at spreadbetter IG Index, looks ahead to bank earnings season saying the picture short term may not be so rosy, due to slowing loan growth and flatter yields.

The price of bullion soared to a five-month high Tuesday as investors flocked to the safe haven amid rising global tensions, particularly between the USA and North Korea. Hess climbed 1.92 dollars, or 4%, to 49.97 dollars. Rig operator Transocean rose 36 cents, or 2.9 percent, to $12.79.

Traders bid up shares in several companies announcing deals. Swift Transportation soared on news the trucking company is to merge with rival Knight Transportation - which also racked up strong gains - in a deal worth $6bn. Knight's shares were up 13.4 percent.

Straight Path Communications (STRP.A) surged 151 percent to $91.64 after AT&T (T.N) offered a huge premium to buy the owner of wireless spectrum licenses. Straight Path's shares gained $53.36, or 146.3 percent, to $89.84. AT&T slipped 21 cents to 40.38 dollars. Investors had their eye on several big corporate deals. Energy stocks rose more than 0.75% to lead gainers on the S&P. Three Jana employees plan to run for spots on the board and seek to launch a review of options for the company, including a potential sale.

The furniture and appliance rental company said Mark Speese, its founder and chairman, will return as CEO.

Qualcomm (QCOM) dropped almost 2% and Apple (AAPL) dipped 0.1% on reports that Qualcomm late Monday filed counter-claims against Apple, alleging the larger company of a series of unethical practices.

Also denting sentiment is a March report, which showed a fall in small-business optimism in the United States of America, which was a bit bigger than had been expected.

Stocks have wavered in recent sessions as details remain scarce on policy changes such as tax reform and infrastructure spending, giving investors few reasons to place fresh bets.

Stocks around Asia were trading mixed on Monday in morning session, after a jittery few days in which geopolitical risks had come to the fore.

The Russell 2000 is up 9.96 points, or 0.7 percent.

Related news:

Hot News

isis-killer-beheading-video-story-top Von Miller: Myles Garrett 'gonna be' No. 1 pick
Apr 12, 2017 - 03:26
Myles Garrett should be going first overall to the Cleveland Browns and I don't think there's much of a debate about it. Sticking with La Canfora, he reports that North Carolina QB Mitchell Trubisky won't last long on draft night.

isis-killer-beheading-video-story-top North Korea says Syria airstrikes prove its nukes justified
Apr 11, 2017 - 09:00
Pyongyang appeared to up the ante just before the meeting began by test-launching a ballistic missile. Japanese Foreign Minister Fumio Kishida and U.S.

isis-killer-beheading-video-story-top AT&T just made a big bet on 5G connectivity
Apr 11, 2017 - 09:00
In addition, Kerrisdale valued the company at about $200 million, less than half of the company's value before the acquisition. Under the settlement, Straight Path will pay two civil penalties and surrender about 20% of its 5G licenses to the FCC.

NDA Top Guns To Meet To Formulate Future Strategy
Apr 11, 2017 - 08:58
There was also a suggestion to scout for more allies for National Democratic Alliance, which now has 32 members. The Patidar agitation is also likely to be a key area where the BJP will have to tread carefully.

Barcelona manager Luis Enrique slams 'unfair' result after Malaga defeat
Apr 11, 2017 - 08:57
They took the lead in the 32nd minute when Sandro - who left for Malaga this summertime - fired previous Marc-Andre ter Stegen. Barcelona is now trailing Real Madrid in the La Liga and will next face Juventus for Champions League derby.

isis-killer-beheading-video-story-top South Africans protest Zuma as country downgraded to junk
Apr 10, 2017 - 02:27
Analysts said Zuma remains in favour in rural areas, contrasting with his waning popularity in urban quarters. ANC members in military uniforms who oppose the protest are posted outside.

isis-killer-beheading-video-story-top Samsung Expects 48% Rise In Q1 Operating Profit
Apr 10, 2017 - 02:17
In recent weeks, the Korean tech giant unveiled its new flagship smartphone: the Samsung Galaxy S8. LG Electronics also said its first-quarter operating profit is estimated at 921.5 billion won.

isis-killer-beheading-video-story-top Bradley Cooper and Irina Shayk Give Birth to First Baby
Apr 10, 2017 - 02:16
It looks like Bradley and Irina aren't splitting up after all! It's exciting news for them and is their first child together. According to People Magazine, the baby was actually born two weeks ago, but they only made the news official today.

isis-killer-beheading-video-story-top United Kingdom security ties to European Union no 'bargaining chip', says Johnson
Apr 10, 2017 - 02:14
He added that "the EU-27 does not and will not pursue a punitive approach" because "Brexit in itself is already punitive enough". Talks should not only be about the terms of Britain's exit but also about future ties, he insisted.

Susan Rice May Be Guilty Of A Crime
Apr 10, 2017 - 02:12
Leaking classified information can be a criminal offense, which Rice denied doing - "I leaked nothing to nobody", she told MSNBC. Despite determined efforts by the mainstream media to stamp out this story, the smoke of this scandal continues to grow.

isis-killer-beheading-video-story-top Abe Praises Trump's Security Commitment After Call On Syria, North Korea
Apr 10, 2017 - 02:10
Japan is also closely watching China's response. "China will either decide to help us with North Korea or they won't". Navy and its course of action in recent weeks towards China's ongoing " island building " in the South China Sea.

Kyrgios confident of taking down big-serving American
Apr 09, 2017 - 02:52
The victor of the this quarterfinal will go on to play either Belgium or Italy in the semifinals, to be held in September. Earlier, Thompson fed off the rowdy home crowd to edge Sock 6-3, 3-6, 7-6 (7/4), 6-4 for the biggest win of his career.

isis-killer-beheading-video-story-top Venezuelan protesters rally for fourth time in a week
Apr 09, 2017 - 02:48
But that would require a green light from the attorney general, prosecutor general and comptroller, all Maduro allies. AFP reporters also witnessed a National Guard soldier lying unconscious after having been struck by a large rock.

Durant cleared to resume full practice after knee injury
Apr 09, 2017 - 02:47
Meanwhile, the Warriors are on a 13-game winning streak as they have secured the No. 1 seed in the Western Conference Finals. That's my favorite thing to do is to play basketball. "At some point, I would just have to throw myself in the fire".

isis-killer-beheading-video-story-top 1 person dead after shooting near mall in South Florida
Apr 09, 2017 - 02:33
One person was killed and two were injured in a mall shooting in the U.S. state of Florida, media reports said on Saturday. A former Miami city commissioner and client of Wilson's says Wilson was the most popular trainer at the gym.