S&P closes nominally lower as investors wait for a catalyst

S&P closes nominally lower as investors wait for a catalyst

The New York Stock Exchange is pictured in the Manhattan borough of New York City, New York, US, April 16, 2021. REUTERS / Carlo Allegri / File Photo

The S&P 500 (.SPX) ended a languid session slightly in the red on Monday, with investors standing by on news of a global minimum corporate tax rate, lingering inflation fears, and a lack of market-moving economic news.

The Dow (.DJI) closed well within negative territory, while the Nasdaq (.IXIC) advanced. Still, the S&P and the Dow remained inside one percentage point of their record closing highs.

“Thematically, we’re done with earnings, so you …

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S&P closes nominally lower as investors wait for a catalyst

 

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