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U.S. stocks traded mixed toward the end of trading, with the S&P 500 edging higher on Monday.
The Dow traded down 0.47% to 39,310.03 while the NASDAQ rose 0.17% to 16,773.12. The S&P 500 also fell, dropping, 0.08% to5,339.84.
Leading and Lagging Sectors
Information technology shares climbed by 1% on Monday.
In trading on Monday, real estate shares fell 1.1%.
Top Headline
Starbucks Corp (NASDAQ:SBUX) shares gained around 2% on Monday following a report suggesting activist investor interest is brewing.
According to a Wall Street Journal report citing people familiar with the matter, activist investor Starboard Value has taken a stake in Starbucks and wants the coffee giant to focus on boosting its stock price.
Equities Trading UP
Equities Trading DOWN
Commodities
In commodity news, oil traded up 2.8% to $79.02 while gold traded up 1.3% at $2,504.40.
Silver traded up 1.4% to $27.965 on Monday, while copper rose 1.8% to $4.0645.
Euro zone
European shares closed mostly higher today. The eurozone's STOXX 600 fell 0.02%, Germany's DAX rose 0.02% and France's CAC 40 fell 0.26%. Spain's IBEX 35 Index rose 0.07%, while London's FTSE 100 rose 0.52%.
Asia Pacific Markets
Asian markets closed mixed on Monday, with Hong Kong's Hang Seng Index gaining 0.13%, China's Shanghai Composite Index falling 0.14% and S&P BSE Sensex falling 0.07%.
Economics
U.S. consumer inflation expectations for the year ahead came in unchanged at 3% for July.
The U.S. government budget deficit increased to $244 billion in July compared to a $220.7 billion gap recorded in the yera-ago month.
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