Market Ends Lower After Early Gains Do Not Hold
The New York stock market drifted downward on Monday with the Dow Jones average dropping 2.71 points to 103.97. Total NYSE volume reached 16.93 million shares as early selling cooled. analysts viewed the move as part of a consolidation phase after a prior rally, with mixed results across sectors and several blocks trading large volumes.
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Dow Jones closes lower amid mixed trade on Monday
The Dow Jones Industrial Average finishes at 903.97, down 0.35, from 913.61. Industrials and utilities show uneven moves with bonds and railroad indices easing slightly as futures and sector totals are reported.
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