Most of the major sectors ended the day showing only modest moves, semiconductor stocks moved sharply higher on the day, driving the Philadelphia Semiconductor Index up by 2.0%. Computer hardware stocks were considerably strong, as reflected by the 1.2% gain posted by the NYSE Arca Computer Hardware Index. Oil service, telecom and networking stocks were significantly strong while utilities stocks notable moved downwards.

Asia-Pacific stocks moved mostly higher. Japan's Nikkei 225 Index advanced by 0.9% while Hong Kong's Hang Seng Index jumped by 1.6%. Japan's Nikkei 225 Index advanced by 0.9% while Hong Kong's Hang Seng Index jumped by 1.6%.

Major European markets moved downwards. The German DAX Index fell by 0.5%, the French CAC 40 Index dipped by 0.2% and the U.K.'s FTSE 100 Index edged down by 0.1%. In the bond market, treasuries saw modest strength following the steep drop seen last Friday. As a result, the yield on the benchmark ten-year note, which moves opposite of its price fell 3 bps to 4.48%.

Powered by Capital Market - Live News