Investing.com - U.S. stock prices ended Monday largely mixed after rumors emerged computer giant Dell is in talks with private equity firms to discuss a buyout and become a private entity.
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rading was light as investors remained camped out on the sidelines to await fourth-quarter earnings due out this week.
At the close of U.S. trading, the Dow Jones Industrial Average finished up 0.14%, the S&P 500 index was down 0.09%, while the Nasdaq Composite index fell 0.26%.
Rumors of a Dell buyout sparked a rally though gains would be short-lived.
Shares in technology bellwether Apple slumped and brought stock indices back down on reports that sales of the company's iPhone might disappoint after the firm reportedly cut orders for parts to make the wildly popular product.
Trading volumes were thin.
Many U.S. financial firms will release fourth-quarter earnings this week, and many investors opted to spend Monday away from trading desks to see how earnings come in.
Dell shares rose 12.96% to close at USD12.29, while Apple shares fell 3.57% to close at USD501.75.
Leading Dow Jones Industrial Average performers included Hewlett-Packard, up 4.89%, Cisco Systems, up 2.39%, and Boeing, up 1.86%.
The Dow Jones Industrial Average's worst performers included Verizon Communications, down 1.55%, Bank of America, down 1.29%, and IMB, down 0.88%.
European indices, meanwhile, finished mixed.
After the close of European trade, the EURO STOXX 50 fell 0.10%, France's CAC 40 rose 0.06%, while Germany's DAX 30 finished up 0.18%. Meanwhile, in the U.K. the FTSE 100 finished down 0.22%.
On Tuesday, the U.S. will publish government data on retail sales and official data on the country's producer price index.
In addition, the U.S. is to release data on manufacturing activity in New York state and a report on business inventories.
T
rading was light as investors remained camped out on the sidelines to await fourth-quarter earnings due out this week.
At the close of U.S. trading, the Dow Jones Industrial Average finished up 0.14%, the S&P 500 index was down 0.09%, while the Nasdaq Composite index fell 0.26%.
Rumors of a Dell buyout sparked a rally though gains would be short-lived.
Shares in technology bellwether Apple slumped and brought stock indices back down on reports that sales of the company's iPhone might disappoint after the firm reportedly cut orders for parts to make the wildly popular product.
Trading volumes were thin.
Many U.S. financial firms will release fourth-quarter earnings this week, and many investors opted to spend Monday away from trading desks to see how earnings come in.
Dell shares rose 12.96% to close at USD12.29, while Apple shares fell 3.57% to close at USD501.75.
Leading Dow Jones Industrial Average performers included Hewlett-Packard, up 4.89%, Cisco Systems, up 2.39%, and Boeing, up 1.86%.
The Dow Jones Industrial Average's worst performers included Verizon Communications, down 1.55%, Bank of America, down 1.29%, and IMB, down 0.88%.
European indices, meanwhile, finished mixed.
After the close of European trade, the EURO STOXX 50 fell 0.10%, France's CAC 40 rose 0.06%, while Germany's DAX 30 finished up 0.18%. Meanwhile, in the U.K. the FTSE 100 finished down 0.22%.
On Tuesday, the U.S. will publish government data on retail sales and official data on the country's producer price index.
In addition, the U.S. is to release data on manufacturing activity in New York state and a report on business inventories.