Stocks Drop Slightly on Monday

After a strong Friday on the stock market, stocks dropped slightly on Monday. Most market experts believe that the drop was solely due to investors locking in profits that have been made over the last few months. To go along with that theory, bond prices were up on Monday.
All four of the most common stock indexes fell between 0.1% and 0.4%. The Russell 2000 fell .01% to finish the day at 571.87. Both the Dow Jones and the S&P 500 fell 0.3%, with the Dow finishing at 9,337.95 and the S&P at 1,007.10. The Nasdaq composite index saw the biggest …read more