Stocks end mixed as losses for Big Tech weigh on market
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By DAMIAN J. TROISE and ALEX VEIGA
AP Business Writers
Stocks wound up a mixed bag on Wall Street Monday as losses for several Big Tech companies checked gains elsewhere in the market. The S&P 500 fell 0.3%, while the tech-heavy Nasdaq lost 0.5%. Microsoft fell 1.7% and Apple gave back 1.1%. The Dow Jones Industrial Average edged up 0.2% and a measure of small-company stocks jumped 1.5%. Treasury yields continued to climb. The yield on the 10-year Treasury note rose to 1.49%, its highest level since late June. That helped send bank stocks mostly higher. Energy companies also rose as the price of U.S. crude oil climbed 2%.Â