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

Radient Technologies Inc.

Radient Technologies Inc is engaged in research, development and commercialization of environmentally responsible technology for the extraction, isolation and purification of soluble products from a wide range of materials using…

Private Markets

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.

Quants Inc

Quants, Inc, a California Corporation, develops, markets and operates financial technology platforms and alternative investment products offering sophisticated risk management since 2010. The Company has primarily sharpened its focus with…