S&P and Nasdaq higher, Dow lower


The S&P 500 index was up 8.22 points at 2,791.52, while the Nasdaq composite was up 32.97 points at 7,591.03.

The major USA equity indexes finished higher on Monday after shrugging off early session weakness.

A boost was also imminent from the tech giants after Nvidia made announcements about buying Mellanox Technologies for $6.8 billion.

"Boeing without any question is going to be the theme for the Dow index, given its enormous weighting, but I don't see a spillover to any other indexes except airlines", said Randy Frederick, vice president of trading and derivatives for Charles Schwab in Austin, Texas.

The stock had its highest daily trading volume since July 2013 and ended well off its session low of $365.55, but it kept a lid on the Dow, which managed only about half the gains of the S&P 500.

Advancing issues outnumbered decliners for a 2.62-to-1 ratio on the NYSE and a 2.08-to-1 ratio on the Nasdaq. January's headline number unexpectedly rose, helped by an increase in purchases of building materials and discretionary spending, but sales in December were much weaker than previously reported.

Rite Aid jumped 3.5 per cent after the company announced a management purge, which includes the CEO, and plans to cut 400 jobs.

Manchester United could have Champions League fixtures reversed
What time does the Champions League draw start at? The English Premier League is the richest football league on the planet. Liverpool have five European Cups in the trophy cabinet and we want no other Premier League team to nab one.

Ravens will sign free agents Earl Thomas, Mark Ingram
For his career, Ingram has rushed for 6,007 yards and 50 touchdowns, and caught 228 passes for 1,590 yards and five TDs. Ingram is more accomplished than the Ravens' other two backs, though, and he has a longer history of durability.

Browns' acquisition of Odell Beckham, Jr. could put them over the top
The Browns also decided they needed to find a game-breaking wide receiver who will make plays all over the field. Jabrill is a quality safety in this league and he is a legitimate linchpin on the back end of our defense.

Stocks are opening mostly higher on Wall Street, led by gains in technology companies and banks.

Boeing went down a spiraling 5.3 percent after their plane 737 MAX 8jet crashed on Sunday.

In New York, the Dow Jones industrial average closed down 96.22 points at 25,554.66 as Boeing weighed. In a note this morning, Nomura Instinet's Frank Cappelleri recommended watching the small-cap Russell 2000 and the Dow Jones Transportation Average, which have dropped 4.3% and 3.3% last week, significantly underperforming the S&P 500.

The wreckage of the ill fated Ethiopian Airlines Boeing 737 Max 8 aircraft near Bishoftu.[Reuters] News of a Boeing Company's 737 Max crash operated by Ethiopian Airlines is bringing out equity bears. Stocks were helped by a US government report showing retail sales rose slightly in January.

Stocks are moving slightly higher on Wall Street at midday as technology and health care stocks rise.

The S&P 500 moves up and down based on changes in its members' market value, but the Dow bounces around according to changes in its 30 members' stock prices. Notably, Bank of America, and Merrill Lynchupped Apple's stock to trade from neutral. Facebook rose 2.3 per cent and Morgan Stanley rose 1.3 per cent.

The Dow is up 104.42 points, or 0.4 per cent.