By Oliver Gray
Investing.com – traded lower during Monday’s evening deals as U.S. markets remained closed for a public holiday, with investors retreating following last week’s impressive rebound of 6.2%.
By 6:55pm ET (10:55pm GMT) and were down 0.3% apiece while fell 0.4%.
Looking ahead in the week, market participants will be monitoring fresh data as well as ISM and PMIs. Corporate earnings results are also set to continue, with Salesforce.com Inc (NYSE:), Helmerich and Payne Inc (NYSE:) and Victoria’s Secret & Co (NYSE:) expected to report on Tuesday after the bell.
Last week, the closed up 6.2%, snapping an eight-week losing streak. The gained 6.5%, and the gained 6.8% on the week, ending positive after seven continual weeks of losses. Investors cheered as surpassed expectations in April, while the closely watched eased further, bolstering expectations that the Fed will not embark on more aggressive interest rate hikes.
On the bond markets, yields were at 2.806%.