U.S. Stocks Eke Out Small Gains, Snap 3-day Slump

By Markets MarketWatch Pulse

U.S. stocks eked out small gains after dipping in and out of negative territory throughout the session on Monday. The S&P 500 and Dow Jones Industrial Average snap a three-day losing streak, that marked the worst opening week of the year in history. A 6% plunge in oil prices hit energy and materials stocks, limiting gains on the main indexes. The S&P 500 closed 1.64 points, or less than 0.1%, higher at 1,923.67. The Dow Jones Industrial Average added 52.12 points, or 0.3% to 16,398.57. Meanwhile, the Nasdaq Composite ended the day down 5.64 points, or 0.1%, at 4,637.99, falling for the eighth consecutive session. The Russell 2000 dipped into a bear-market territory earlier in the session, but closed off session lows, down 3.54 points, 0.3% at 1,042.64, according to preliminary data on FactSet.

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