The stock market closed mixed on Cyber Monday, after a Thanksgiving rally last week. Investors were neither in the mood to chase the market, nor to trim positions to start the new week. Over the last 5 days, the S&P 500 has surged around 3.40 percent. On Monday, however, the Dow Jones Industrial Average fell a little better than 42 points to close at 12,967. The widely watched blue-chip index traded in a range between 12,900 and 13,008.
The SPDR S&P 500 ETF (SPY) shed 0.21 percent to close at $141.05. Volume was light with just 95.5 million SPY shares trading hands compared to a 3-month daily average of 129.2 million.
The PowerShares QQQ Trust ETF (QQQ), which tracks the performance of the Nasdaq 100, climbed 0.43 percent to $65.18. A rally in Apple (AAPL) accounted for most of the QQQ's gains. The stock closed the session up 3.15 percent to $589.53.
Crude oil followed the S&P down on the day. NYMEX crude futures, the U.S. benchmark, fell 0.54 percent to $87.80 at last check. Brent crude contracts were last trading down 0.50 percent to $110.82. In ETF trading, The United States Oil Fund (USO) lost 0.40 percent to $32.19.
Gold and silver were last trading close to the flat line on Monday. COMEX gold futures were down 0.13 percent to $1,749.10 in the electronic trading session, while silver futures had added 0.01 percent to $34.21. The heavily traded SPDR Gold Trust ETF (GLD) closed trading down 0.12 percent to $169.43.
Treasuries were higher on the session as stocks were mostly lower. The iShares Barclays 20+ Year Treasury Bond ETF (TLT) rallied 0.48 percent to $124.80. The yield on the 10-Year Note fell 3 basis points to 1.67 percent.
The U.S. dollar was flat on the day. The PowerShares DB US Dollar Index Bullish ETF (UUP), which tracks the performance of the greenback versus a basket of foreign currencies, finished the session unchanged. The closely watched EUR/USD pair fell 0.07 percent and was last trading at $1.2963.
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