U.S. stock indexes closed mostly higher Monday, snapping a four-day losing streak for the Dow Jones industrial average on a day of largely listless trading.
Utilities led the gainers as falling bond yields made high-dividend companies more attractive to income-seeking investors. Phone companies and real estate investment trusts, which also tend to offer high yields, notched gains. Financial stocks also did well. Technology companies declined the most, giving up gains from an early rally.
The Standard & Poor's 500 index added 0.77 points, or 0.03%, to 2,439.07. The Dow gained 14.79 points, or 0.1%, to 21,409.55. The Nasdaq composite slid 18.10 points, or 0.3%, to...
Trailers line up at the loading docks at the Supervalu distribution center in Hopkins, Minn. The company said Tuesday that it will eliminate 1,100 positions.