10/2, 10:01 PM (Source: TeleTrader)
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US markets close mixed after economic reports

US equity markets ended mixed on Monday as investors analyzed the most recent economic data concerning manufacturing PMI, the manufacturing sector, construction spending, and also listened to a speech by Federal Reserve Chairman Jerome Powell.

Today, the dollar rose after the Fed said further rate hikes "will likely be appropriate," and the 10-year Treasury yield surged back to near 15-year highs.

At the closing bell, the Dow Jones lost 0.22%, with 3M Co. falling 3.62%. The Nasdaq 100 was 0.83% up. The best performer was Zscaler, whose shares climbed 3.47%. The S&P 500 traded flat.

The euro was down by 0.87% against the dollar at 3:59 pm ET, selling for $1.04821.

Baha Breaking News (BBN) / RR