US Markets Update by Epic Research

US stocks closed mixed on Monday as the tech sector dragged the Nasdaq to its worst day since July and kept the S&P 500 near the unchanged mark as investors cleared the decks for Alibaba’s debut planned for later this week.

The Dow Jones industrial average gained 43.63 points, or 0.26 percent, to 17,031.14, the S&P 500 lost 1.41 points, or 0.07 percent, to 1,984.13, and the Nasdaq Composite dropped 48.70 points, or 1.07 percent, to 4,518.90.

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