US stocks open mostly lower; PPG rises

Associated Press |

NEW YORK (AP) — U.S. stocks are mostly lower in early trading as the market appears set to end June with a modest gain.

The Dow Jones industrial average fell 49 points, or 0.3 percent, to 16,803 shortly after the market opened Monday.



The Standard & Poor's 500 index slipped less than a point to 1,960. The Nasdaq composite edged up six points, or 0.1 percent, to 4,404.

The stock market ended last week with a slight loss. But that was a minor setback. The S&P 500 has managed a gain of 1.9 percent in June, despite rising oil prices and signs of tepid economic growth.

Paint maker PPG Industries rose 3 percent after announcing plans to buy Mexico's Comex Consorcio Comex for $2.3 billion.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
SYZG Syzygy Entertainment Ltd n/a n/a n/a 0

Comments

Emerging Growth

MGX Minerals Inc.

MGX Minerals is a diversified Canadian mining company listed on the Canadian Securities Exchange. MGX is engaged in the acquisition and development of industrial mineral deposits in western Canada that…

Private Markets

MyForce, Inc.

As parents, we constantly worry about the safety of our loved ones. The media bombards us with incidents from across the nation school shootings, frequent assaults on campuses, and crimes…

BioSculpture Technology, Inc.

BioSculpture Technology, Inc. (“BST”) is a commercial-stage medical device manufacturer of liposuction surgical instruments for surgeons. It offers the FDA-cleared Twin Cannula Assisted Liposuction ("TCAL") Airbrush Liposculptor II® controllers, Airbrush®…