Stocks turn mixed after rising on China market rally [MSN Money]
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Source: MSN Money
Replay Video UP NEXT 1 Cancel SETTINGS OFF HD HQ SD LO US stocks move higher as China market rallies What to watch next UP NEXT Stocks turned mixed Monday, giving up earlier gains, as bank shares and Netflix traded lower to kick off the week. Load Error The Dow fell 35 points, led by declines in United Technologies and Procter & Gamble. The S&P 500 was flat, while the Nasdaq rose 0.7 percent. Shares of Jacobs Engineering rose 6.7 percent, while Caterpillar and Advanced Micro Devices climbed 0.6 percent and 4.4 percent, respectively. These companies have significant exposure to the Chinese market, so they benefit from strong economic growth there. The Shanghai Composite rose more than 4 percent to notch its best day since March 2, 2016. The sharp move higher comes after Chinese authorities pledged to support China's economy and offset the negative impact of U.S.
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