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Jules Financial Enterprise

2755 South Federal Highway Suite #4, Boynton Beach, FL 33435
Contact Person: Job J. Jules
E: support@jjulesenterprise.com
P: 561-234-6700

Dow books modest loss; Nasdaq slides 1%

Economy, Finance

U.S. stocks recorded losses on Monday, pulling major equity benchmarks away from records as investors lacked clear and immediate reasons to push markets higher. The Dow Jones Industrial Average fell 0.4%, or 118 points, to 34,078, based on preliminary numbers. The S&P 500 slid 0.5% to end near 4,163. The Nasdaq Composite tumbled 1% to around 13,915. Investors also eyed talks around President Joe Biden’s infrastructure plan after he held a meeting with a bipartisan group of lawmakers over the size of the bill. Shares of Dow component Coca-Cola Co. rose 1% after the beverage company reported earnings and revenues Monday that topped Wall Street forecasts.

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