The Dow Jones Industrial Average lost 14.76 points to 12,962.81 Monday as investors reacted to a flurry of mixed economic reports at home and abroad.
The Nasdaq shed 25.71 points while the S&P 500 fell 5.30 points to finish at 1,364.33.
The Institute for Supply Management’s service index reported an expansion in the services sector to 57.3 in February, its highest level since last year and well above the consensus estimate of 56.1 for the month.
January factory orders fell 1% in January, according to the Commerce Department, the sector’s biggest decline in more than a year.
However, China reduced its 2012 growth target to an eight-year low of 7.5%.
Here are some more details from Monday’s trading session:
Dow Jones Industrial Average:
- Down two consecutive trading days and three of the last four.
- Down 17.49 points, or 0.13%, over the two-day period.
- An intraday high of 12977.34 occurred at the open today.
- An intraday low of 12883.91 occurred at 10:29:05 today, representing a decrease of 93.66 points, or 0.72%.
- Fourteen of the 30 component stocks rose, 16 fell.
- Today's top five contributors to The Dow's movement and their point contribution: IBM (14.00), XOM (5.15), MRK (3.94), TRV (3.71), MCD (3.33).
- Today's bottom five laggards: CAT (-18.16), UTX (-9.46), BA (-5.83), DD (-4.24), MMM (-3.48).
- Down 8.48% from its record close of 14164.53 on October 09, 2007.
- Up 97.99% from its 12-year closing low of 6547.05 on March 9, 2009.
- Up 7.22% from 52 weeks ago.
- Up 4.88% from its 2012 closing low of 12359.92 on January 06, 2012.
- Down 0.33% from its 52-week high of 13005.12 on February 28, 2012.
- Up 21.66% from its 52-week low of 10655.30 on October 03, 2011.
- Year-to-date: up 6.10%.
Dow Jones U.S. Total Stock Market Index:
- Dow Jones U.S. Total Stock Market, 14184.32*, down 53.75 points, or 0.38%, or approximately $62.0 billion in market capitalization.
- Down two consecutive trading days and three of the last four.
- Down 118.29 points, or 0.83%, over the two-day period.
- Largest two-day points and percentage decline since December 28, 2011.
- Lowest closing value since February 22, 2012.
- Down 9.91% (approximately $2.7 trillion in market cap), from its record close of 15745.39 on October 09, 2007.
- Up 108.59% (approximately $8.5 trillion in market cap), from the 12-½ year closing low of 6800.08 on March 9, 2009.
- Up 3.61% from 52 weeks ago.
- Down 0.83% from its 2012 closing high of 14302.61 on March 01, 2012.
- Up 7.40% from its 2012 closing low of 13206.64 on January 04, 2012.
- Down 0.87% from its 52-week high of 14308.37 on April 29, 2011.
- Up 25.54% from its 52-week low of 11299.07 on October 03, 2011.
- Year-to-date: up 8.95%, or approximately $1.4 trillion in market cap.
Data courtesy of Dow Jones Indexes.
