How the Dow Jones industrial average did Monday

AP News
Posted: Apr 28, 2014 5:08 PM

It was a choppy day on the stock market on Monday that ended with major U.S. indexes closing mostly higher.

Bank stocks fell after Bank of America said a financial error would force it to cancel its stock buyback plan and dividend increase, while health-care stocks rose after U.S. drug giant Pfizer renewed its pursuit of a merger with British rival AstraZeneca. Formerly highflying technology stocks fell again, dragging the Nasdaq composite index into the red.

On Monday:

The Dow Jones industrial average rose 87.28 points, or 0.5 percent, to 16,448.74.

The Standard & Poor's 500 index rose 6.03 points, or 0.3 percent, to 1,869.43.

The Nasdaq composite lost 1.16 points, or 0.03 percent, to 4,074.40.

For the year:

The Dow is down 127.92 points, or 0.8 percent.

The S&P 500 index is 21.07 points, or 1.1 percent.

The Nasdaq composite is down 102.19 points, or 2.5 percent.