Meta Platforms, PayPal Lead S&P 500 Lower In A Mixed Day Of Trading

U.S. indices had a mixed day of trading Monday. Tech stocks mostly rebounded after falling recently due to rising yields and worse-than-expected earnings from Meta Platforms Inc FB.

  • The S&P 500 composite fell by 0.37% to 4,483; The SPDR S&P 500 ETF Trust SPY lost 0.32% to $447.26
  • The Dow Jones composite lost 0.02% to 11,686; The SPDR Dow Jones Industrial Average ETF Trust DIA finished flat at $350.90 
  • The Nasdaq composite fell by 0.58% to 14,015; The Invesco QQQ Trust Series 1 QQQ lost 0.8% to $355.13

Here are the day's winners and losers from the SPY, according to data from Benzinga Pro.

Tyson Foods, Inc. TSN, Norwegian Cruise Line Holdings Ltd NCLH and Carnival Corp CCL were among the top gainers for the S&P 500.

Meta Platforms Inc FB, Netflix Inc NFLX and Paypal Holdings Inc PYPL were among the top losers for the S&P 500.

Elsewhere On The Street

Spirit Airlines Inc SAVE and Frontier Group Holdings Inc ULCC, the parent company of Frontier Airlines, Inc., have agreed to combine, creating a competitive ultra-low fare airline… Read More

One company that has been a disappointing investment in the past year has been Walt Disney Co DIS theme parks, cruise lines and TV and movie studio businesses experienced a near worst-case scenario when… Read More

A mysterious golden cube showed up at an iconic New York City park last week. Details of the cube have now surfaced and show why the 24-karat gold cube was placed in Central Park… Read More

Market News and Data brought to you by Benzinga APIs
Posted In: NewsAfter-Hours CenterMarketsMoversTrading IdeasMarket Wrap
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...