Stocks to Watch:

Dow, S&P Rebound To Post Small Gains, Nasdaq Ends in the Red

Now watching

Next video starts in : 7 Play

Dow, S&P Rebound To Post Small Gains, Nasdaq Ends in the Red

Dow, S&P Rebound To Post Small Gains, Nasdaq Ends in the Red
Replay video
Up next

Oil Rally Gushes On, Brent Crude Hits $50 a Barrel on Lower Supplies

Unlock your personal NFL Now stream by signing in to NFL.com

Dow, S&P Rebound To Post Small Gains, Nasdaq Ends in the Red

by TheStreet 1:34 mins

Major U.S. markets ended Monday's trading session mostly flat but the Nasdaq was slightly lower. The Dow Jones Industrials and S&P 500 staged a late day comeback and managed to close slightly higher. The government's announcement that pending home sales unexpectedly fell in June, down 1.1 percent, rattled the markets. Home builder stocks lost ground on the report, Lennar (LEN), KB Home (KBH) and DR Horton (DHI) each was down roughly 2 percent. Traders were initially greeted with loads of news from the deals front this morning before the bell. Dollar Tree (DLTR) is buying Family Dollar (FDO) for $8.5 billion. Both stocks ended with gains. Zillow (Z) also said it was buying its rival Trulia (TRLA). Scheduled to report on Tuesday are Merck (MRK), Pfizer (PFE) and Twitter (TWTR). TheStreet's Susannah Lee reports from Wall Street.

View Comments (0)