US markets close mixed after economic reports - Breaking The News
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US markets close mixed after economic reports

EPA-EFE/JUSTIN LANE

US equity markets ended mixed on Monday as investors analyzed the most recent economic data concerning manufacturing PMI, the manufacturing sector, construction spending, and also listened to a speech by Federal Reserve Chairman Jerome Powell.

Today, the dollar rose after the Fed said further rate hikes "will likely be appropriate," and the 10-year Treasury yield surged back to near 15-year highs.

At the closing bell, the Dow Jones lost 0.22%, with 3M Co. falling 3.62%. The Nasdaq 100 was 0.83% up. The best performer was Zscaler, whose shares climbed 3.47%. The S&P 500 traded flat.

The euro was down by 0.87% against the dollar at 3:59 pm ET, selling for $1.04821.

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