US stocks opened lower on Monday in the last trading day of a month and a quarter that is set to close in green. The 30-stock Dow Jones Industrial Average was flat but down 23 points, to 42,289, while the tech-heavy Nasdaq Composite dropped 0.2% to 18,079. The S&P 500 also declined 0.2% to 5,726. Eight of the eleven sectoral indices were trading in red, with energy and financials seeing declines
Among major companies, shares of JPMorgan Chase & Co., Boeing Co. and Ford Motor Co. declined 2%, while Apply Inc. and ConocoPhillips gained as much. The yield on the 10-year Treasury bond was flat at 3.75%. The Bloomberg Dollar Index was flat at 100.43.
Spot gold prices declined 1% to $2,630.8 an ounce, extending its downward trend from the peak for the second day. International benchmark Brent oil swung between gains and loses around the $72 per barrel mark