US: Wall St mixed at start of holiday-shortened week

Wall Street’s main indexes were muted at the start of a holiday-shortened week on Monday (Dec 23), as a stopgap government funding bill averted a partial shutdown and investors contended with a slower pace of rate cuts from the US central bank next year.

The Dow Jones Industrial Average fell 39.8 points, or 0.09 per cent, at the open to 42,800.49. The S&P 500 rose 9.4 points, or 0.16 per cent, at the open to 5,940.25​, while the Nasdaq Composite rose 68.5 points, or 0.35 per cent, to 19,641.05 at the opening bell. REUTERS