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Dow Ekes Up 19 Points

It's the slowest day of US trading this year
By Newser Editors and Wire Services
Posted Mar 28, 2016 3:25 PM CDT
Dow Ekes Up 19 Points
Trader Tommy Kalikas works on the floor of the New York Stock Exchange, Monday, March 28, 2016.   (Richard Drew)

(Newser) – Stocks closed mostly higher in quiet trading, led by gains in consumer companies. Media stocks rose Monday, as did hotel companies, but energy companies lost ground along with the price of oil. Starwood and Marriott climbed as Chinese insurance company Anbang Insurance Group made another effort to buy Starwood. Avon Products jumped 8% after reaching a deal with activist investors that appeared to head off a proxy fight.

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Markets were quiet. Trading was closed in Europe for the Easter holiday. It was the slowest day for trading in US markets so far this year. The Dow Jones industrial average edged up 19 points, or 0.1%, to 17,535. Standard & Poor's 500 index inched up a point to 2,037. The Nasdaq composite slipped six points, or 0.1%, to 4,771. (Read more stocks stories.)

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