US Stocks End Mixed Amid Gains In Chip Stocks, Asia Trades Mixed; A Tepid Start On D-Street Today?

U.S. stock market ended mixed on Monday, led by gains in chipmakers amid short-covering.

The Dow Jones Industrial Average declined 80.77 points, or 0.16%, to 50,786.01, while the S&P 500 rose 21.99 points, or 0.30%, to 7,405.73. The Nasdaq Composite closed 220.23 points, or 0.86%, higher at 25,929.66.


Asian markets traded mixed today, following a mixed close on Wall Street. Japan’s Nikkei 225 rose 0.1%, while Topix gained 0.27%. South Korea’s Kospi rallied 3.31%, while Kosdaq jumped 4%. Hong Kong Hang Seng index futures indicated a lower opening.


Meanwhile, Gift Nifty was trading around 23,130 level, a discount of nearly 44 points from the Nifty futures’ previous close, indicating a tepid start for the Indian stock market indices.
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