U.S. stock prices were mixed on Monday, as investors searched for direction following another week of volatility.
Oil prices, currency values, and the latest Federal Reserve policy statement all played a role in leading the market to a week of 100+ point swings every day.
This week, data moves back into the spotlight, starting with reports today that home sales were up 1.2%. Durable goods data will be released Wednesday, while the 4th-quarter GDP figure from 2014 will be released on Friday.
The Euro was up (1.4%) against the dollar early on Monday, while oil futures were up 88 cents to close at $47.45 a barrel. Prices originally slipped after a statement from Saudi Arabia indicating they would not be cutting back on supply.
As of 3 p.m., here are Monday’s numbers on Wall Street:
Dow Jones Industrial Average: 18,179.36 (+51.71)
NASDAQ: 5,025.11 (-1.31)
S&P 500: 2,110.92 (+2.82)