SPY424.15-1.11 -0.26%
DIA342.99-1.31 -0.38%
IXIC14,086.07-88.07 -0.62%

US Stocks Mixed in Midday Trading

05/10/2021 08:12

12:07 PM EDT, 05/10/2021 (MT Newswires) -- US stocks were mixed amid a surge in base metal prices and government bond yields declined along with oil futures in midday trading on Monday.

The Dow Jones Industrial Average rose by 0.8% to 35,052.55, while the Nasdaq dropped by 1.3% to 13,579.65. S&P 500 slipped by 0.1% to 4,231.80. Utilities and consumer staples advanced, leading the gainers, while technology and communication services were among the steepest decliners.

The US 10-year yield declined by 1.1 basis points to just under 1.57%. The West Texas Intermediate futures retreated by 0.3% to $64.73.

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