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Sept. 27, 2021, 4:10 p.m. EDT

Dow books longest win streak in 2 months but gains fade at Monday's end and S&P 500 and Nasdaq close lower

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By Mark Decambre

The Dow Jones Industrial Average finished higher Monday, but the index managed to notch a fourth straight session of gains, but the blue-chip index ended well off the best levels of the session and the S&P 500 and Nasdaq Composite closed lower. Notably, small-capitalization stocks advanced sharply on the session, aided by a gain in energy shares which themselves were helped by a rally in crude-oil prices /zigman2/quotes/211629951/delayed CL.1 -0.42% , rising to the highest level in about three years. The Dow /zigman2/quotes/210598065/realtime DJIA -0.17% closed about 71 points, or 0.2%, higher at 34,870, but ended well off its intraday peak at 35,061.12. The fourth straight session for blue chips matched its longest string of gains since the period ended Aug. 25. The S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.84% ended off 0.3% at 4,443, while the Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP -1.92% finished the session down 0.5% at 14,970, on a preliminary basis. Meanwhile, the small-cap Russell 2000 index /zigman2/quotes/210598147/delayed RUT -2.13% rose over 1% on the session. The moves for stocks came as the benchmark 10-year Treasury note touched 1.5%, its highest level since June, while the 30-year Treasury bond yield rose above 2%, marking its highest level since around mid August.

US : U.S.: Nymex
$ 66.22
-0.28 -0.42%
Volume: 429,169
Dec. 3, 2021 5:00p
US : Dow Jones Global
-59.71 -0.17%
Volume: 444.85M
Dec. 3, 2021 5:35p
-38.67 -0.84%
Volume: 2.71B
Dec. 3, 2021 5:35p
US : Nasdaq
-295.85 -1.92%
Volume: 4.96M
Dec. 3, 2021 5:16p
US : US Composite
-47.02 -2.13%
Volume: 2.03M
Dec. 3, 2021 4:30p

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