Benchmarks closed mixed on Monday after news regarding a fast-spreading mutation of coronavirus strain sparked fear across Europe and weighed on investors’ sentiment. Meanwhile, lawmakers in the United States reached an agreement on a $900 billion relief package.
The Dow Jones Industrial Average (DJI) rose 37.40 point, or 0.1%, to close at 30,216.45 and the S&P 500 fell 14.49 points, or 0.4%, to close at 3,694.92. The Nasdaq Composite Index closed at 12,742.52, declining 13.12 points, or 0.1%. The fear-gauge CBOE Volatility Index (VIX) increased 16.6%, to close at 25.16. Declining issues outnumbered advancing ones for 4.97-to-1 ratio on the