The S&P 500 slipped into the red on Monday, reversing course after having risen more than 1 percent earlier in the session and pushing the benchmark index closer towards bear market territory.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

The Dow Jones Industrial Average also gave up gains of more than 1 percent to head lower. The blue-chip index was down 69.60 points, or 0.32 percent, at 21,722.60 at 10:56 a.m. ET.

The S&P 500 was down 3.11 points, or 0.13 percent, at 2,347.99, while the Nasdaq Composite was up 24.23 points, or 0.39 percent, at 6,217.15.

The Nasdaq had jumped more than 2 percent earlier in the day, boosted by technology stocks and an Amazon.con Inc-led rally in retailers.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)