Sat, 18 Sep 2021

U.S. stocks end mixed as energy rallies

Xinhua
14 Sep 2021, 06:44 GMT+10

NEW YORK, Sept. 13 (Xinhua) -- U.S. stocks finished mixed on Monday, as the energy sector jumped, mainly offsetting the losses in the health care group.

The Dow Jones Industrial Average rose 261.91 points, or 0.76 percent, to 34,869.63. The S&P 500 increased 10.15 points, or 0.23 percent, to 4,468.73. The Nasdaq Composite Index was down 9.91 points, or 0.07 percent, to 15,105.58.

Eight of the 11 primary S&P 500 sectors ended in green, with energy up 2.94 percent, leading the gainers. Health care slipped 0.61 percent, the worst-performing group.

U.S.-listed Chinese companies traded mostly lower with seven of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

The above market reactions followed a downbeat week on Wall Street.

For the week ending Sept. 10, the Dow fell 2.2 percent, the S&P 500 slid 1.7 percent, and the tech-heavy Nasdaq Composite lost 1.6 percent, pressured by concerns about the economic outlook amid a rapid spread of the Delta variant of COVID-19.

More than 41.1 million COVID-19 cases have been reported in the United States with over 660,000 related fatalities as of Monday afternoon, according to data from Johns Hopkins University.

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