Categories: U.S. Investing

Wall Street Ends Mostly Flat in Thin Trading

Charlie Phillips

Wall Street Ends Mostly Flat in Thin Trading (Reuters)

Stocks closed mostly flat on Monday following a two-week rally, with weaker-than-forecast housing data and light trading volume holding back upward momentum. The Dow Jones Industrial Average rose 25.94 points, or 0.16 percent, to end trading at 16,504.35. The Standard & Poor’s 500 Index dipped just 0.32 of a point, or 0.02 percent, to close at 1,841.08,, while the Nasdaq Composite Index slipped 2.40 points, or 0.06 percent, to 4,154.20.

Paul Dykewicz

Paul Dykewicz is the editor of StockInvestor.com and the editorial director of Eagle Financial Publications in Washington, D.C. He writes and edits for the website, as well as edits investment newsletters, time-sensitive trading alerts and other reports published by Eagle. He also is an accomplished, award-winning journalist who has written for Dow Jones, USA Today and other publications, as well as served as business editor of a daily newspaper in Baltimore. In addition, Paul is the author of the inspirational book, "Holy Smokes! Golden Guidance from Notre Dame's Championship Chaplain." He received his MBA in finance from Johns Hopkins University, where he was a two-time president of the school's Finance Club. In addition, Paul has a bachelor's degree from the University of Michigan and a master's degree in journalism from Michigan State University. Outside of work, Paul volunteers with a faith-based organization to assist the poor in Southeast Washington, D.C., to learn personal finance skills to lift themselves out of debt.