Avaya Holdings Corp AVYA:NYSE

Last Price$14.14NYSE Closing Price as of 6:30PM ET 8/21/19

Today's Change+0.19(1.36%)
Bid (Size)$14.20 (3)
Ask (Size)$14.34 (6)
Day Low / High$13.89 - 14.46
Volume4.4 M

Close Update: Stocks End Monday Little Changed to Start Trading Week

4:40PM ET 3/25/2019 MT Newswires
Major market stock indexes closed little changed Monday in a choppy session, stabilizing after Friday's swoon that was sparked by fears over economic growth.

Stocks sold off Friday as the yield curve inverted and amid weak economic data. The yield curve remained slightly inverted Monday, a signal of a potential recession, with the 3-month Treasury bill yield at 2.454% while the 10-year note yield was at 2.409% late Monday. The Dow Jones Industrial Average rose 0.06%, while the S&P 500 fell 0.08% and Nasdaq Composite Index slipped 0.07%.

The market was supported by the results of Special Counsel Robert Mueller's report on Russian intervention in the 2016 presidential campaign. Attorney General William Barr, in a letter to lawmakers on Sunday, said that the special counsel found no evidence of a conspiracy between President Donald Trump or his campaign with Russia to help him in the run-up to the 2016 election.

Asian markets tumbled ahead of US trading, following the lead of the sell-off in US and European markets on Friday. The Nikkei 225 fell 3%, while the Hang Seng Index and Shanghai Composite Index both fell 2%.

Economic news was light Monday. On Tuesday, investors will get a look at some housing data, including housing starts, along with data on consumer confidence.

US MARKETS

Dow Jones Industrial Average was up 14.51 points (+0.06%)

S&P 500 was down 2.35 points (-0.08%)

Nasdaq Composite Index was down 5.13 points (-0.07%)

GLOBAL SENTIMENT

FTSE 100 was down 30.01 points (-0.42%) to 7,177.58

Hang Seng Index was down 590.01 points (-2.03%) to 28,523.35

Shanghai China Composite Index was down 61.12 points (-1.97%) to 3,043.03

UPSIDE MOVERS

(+) VIAB (+3.87%) Reaches carriage deal with AT&T (T)

(+) AVYA (+32.55%) Mulls leveraged buyout deal from private equity firm, Reuters reports

(+) YRD (+15.72%) Enters realignment deal with controlling shareholder

DOWNSIDE MOVERS

(-) PTI (-67.81%) Reports results from phase 1 trial of cystic fibrosis transmembrane conductance regulator modulators

(-) TSLA (-1.55%) Industry data shows registrations of new Tesla vehicles dropped month-over-month in February