S.The Dow Jones Industrial Average closed unofficially 25 points down and the S&P 500 was marginally lower,while the Nasdaq added 10 points, after hitting a 14-year record high during the day. Monday's economic reports included better-than-expected numbers on the housing market and a worse-than-anticipated report on factory activity in the Chicago region. The National Association of Realtors reported signed contracts to purchase existing homes surged 6.1 percent last month from April, the largest monthly gain since April 2010. The Institute for Supply Management's barometer for business activity in the Chicago region came in at 62.6 for June from the prior month's reading of 65.5.
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- Kate Gibson, CNBC.com
First published June 30 2014, 6:45 AM