U.S. stocks opened mixed Monday, as investors digested fresh data showing a rise in manufacturing activity in New York State this month. The Dow Jones Industrial Average was up 0.1% soon after the opening bell:
U.S. stocks opened mixed Monday, as investors digested fresh data showing a rise in manufacturing activity in New York State this month. The Dow Jones Industrial Average DJIA, -0.01% was up 0.1% soon after the opening bell, while the S&P 500 SPX, -0.01% was about flat and the technology-heavy Nasdaq Composite COMP, -0.01% dipped 0.
1%, according to FactSet data at last check. The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, has jumped in April to 10.8. Economists polled by the Wall Street Journal had expected a reading of negative 15. Last week, all three major U.S. stock benchmarks booked gains as big Wall Street banks on Friday kicked off earnings season for the first quarter.
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