US Stock Market Today: S&P 500 and Dow Drop While NASDAQ Rises as eBay Stock Gains on GameStop Buyout Bid
US stocks traded mixed on Monday, with the Dow and S&P 500 dropping while the NASDAQ rose, as investors reacted to Middle East tensions and company-specific moves. eBay stock gained after GameStop proposed a $56 billion cash-and-stock buyout deal.
US stocks were mixed on Monday as the Dow Jones Industrial Average fell 0.47% and the S&P 500 slipped 0.09%, while the NASDAQ Composite gained 0.11%. The Dow dropped 230.93 points to 49,268.34, and the S&P 500 fell 6.48 points to 7,223.64. The NASDAQ added 26.87 points to 25,141.31. Middle East tensions and oil prices above $110 pressured investor sentiment. FedEx and UPS stocks slid after Amazon expanded its logistics network. eBay stock gained after GameStop proposed a $56 billion buyout deal. Brent crude futures rose 2.2% to above $110 a barrel.
This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.