|Bid||0.00 x 1000|
|Ask||0.00 x 1100|
|Day's Range||13.17 - 13.94|
|52 Week Range||11.76 - 22.11|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug. 09, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||22.71|
The S&P 500 and Nasdaq indexes ended lower on Monday with investors pivoting to value as tech shares, hurt by rising Treasury yields, weighed on equities in the quarter's final week. Economically sensitive smallcaps and transports outperformed the broader market.
Wall Street ended mixed on Monday as investors began the last week of September and the quarter with a pivot to value as tech shares, hurt by rising Treasury yields, weighed on the Nasdaq Composite index. The S&P 500 index joined the Nasdaq in negative territory, but the blue-chip Dow Jones Industrial Average ended higher. "The economic reopening trade is alive and well," said Chuck Carlson, chief executive of Horizon Investment Services in Hammond, Indiana.
The stock market was deeply divided on Monday, with certain sectors doing far better than others. In a relatively unusual development, the Nasdaq Composite (NASDAQINDEX: ^IXIC) found itself on the short end of the stick, with the index falling almost half a percent in mid-afternoon trading even as other stock market benchmarks were up on the day. Overarching the Nasdaq's underperformance on Monday was one factor.