- Major equity indexes post modest losses on Monday.
- The S&P 500 Energy Index is down more than 1%.
- Technology stocks post small gains in the early trade.
Wall Street's main indexes started the last day of November in the negative territory as investors might be looking to book their profits following the impressive monthly rally. As of writing, the Dow Jones Industrial Average was down 0.82% on the day at 29,661, the S&P 500 Index was losing 0.42% at 3,622 and the Nasdaq Composite was falling 0.17% at 12,237.
Among the 11 major S&P 500 sectors, the Energy Index is losing 1.22% on the day pressure by falling crude oil prices. On the other hand, the Technology Index is posting small gains in early trade.
On Monday, the US Federal Reserve announced that it has extended liquidity facilities for commercial paper, money markets, primary dealers and paycheck protection program until March 31, 2021. This headline, however, failed to provide a boost to market sentiment.
S&P 500 chart (daily)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.