Published: Oct. 11, 2021 astatine 4:02 p.m. ET

Stocks gave up aboriginal gains to decorativeness little Monday, slumping arsenic investors await the kickoff of net season, arsenic good arsenic economical information owed aboriginal this week connected ostentation and retail sales. The Dow Jones Industrial Average DJIA, -0.72% fell astir 249 points, oregon 0.7%, to extremity adjacent 34,497, portion the S&P 500 SPX, -0.69% mislaid astir 30 points, oregon 0.7%, to adjacent close 4,361. The Nasdaq Composite COMP, -0.64% gave up astir 93 points, oregon 0.6%, finishing adjacent 14,486.

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Stock marketplace reverses people successful Monday day trade, with Dow down astir 120 points

U.S. banal markets turned southbound Monday afternoon, with early, humble gains fizzling, amid selling successful financials undefined and connection services undefined. The Dow Jones Industrial Average undefined was trading astir 115 points lower, oregon 0.3%, astatine 34,630, the S&P 500 scale undefined was trading 0.3% little astatine 4,380, portion the Nasdaq Composite Index undefined shed 0.1% astatine 14,560. All 3 benchmarks had been showing humble gains earlier successful the session. The Treasury is closed successful observance of Columbus Day successful the U.S.

About the Author

William Watts is MarketWatch’s elder markets writer. Based successful New York, Watts writes astir stocks, bonds, currencies and commodities, including oil. He besides writes astir planetary macro issues and trading strategies. Before moving to New York, helium reported for MarketWatch from Frankfurt, London and Washington, D.C.