US Markets Make Small Advances
(NEW YORK) -- The U.S. markets saw only small gains Monday as investors grappled with weaker corporate earnings reports. The Dow Jones Industrial Average added just 1.81 points to close at 15,545.55. Fast food chain McDonald's (-2.68 percent) was a drag on the blue chips index after its second-quarter profit report fell below Wall Street expectations.
The Nasdaq Composite rose 12.78 points to 3,600.39, while the S&P 500 gained 3.44 points to finish the session at 1,695.53.
The National Association of Realtors reported existing home sales for June dropped by 1.2 percent after a sharp increase in May. Sales were originally expected to rise 1.9 percent. Still, the figures remain at a 3.5-year high.
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