Stocks are mixed following last week’s rally
NEW YORK (AP) — U.S. stocks are mixed in quiet trading on Wall Street as the market settles down after a two-day rally late last week.
Investors were looking ahead to the first public comments from Janet Yellen since she became the head of the Federal Reserve. Yellen will testify before Congress Tuesday and Wednesday.
The Dow Jones industrial average fell 19 points, or 0.1 percent, to 15,771 as of noon Eastern.
The Standard & Poor’s 500 index fell a point to 1,796 and the Nasdaq composite rose 13 points, or 0.2 percent, to 4,139.
American Express rose the most in the Dow after analysts at Morgan Stanley upgraded the stock.
Yelp rose 4 percent after The Wall Street Journal reported that Yahoo will include material from the review site into its search engine.