NEW YORK, June 26 (Xinhua) -- U.S. stocks ended mixed on Monday as investors digested a batch of economic data as well as speeches made by Fed officials.
The Dow Jones Industrial Average was up 14.79 points, or 0.07 percent, to 21,409.55. The S&P 500 gained 0.77 points, or 0.03 percent, to 2,439.07. The Nasdaq Composite Index lost 18.10 points, or 0.29 percent, to 6,247.15.
New orders for manufactured durable goods in May decreased 2.5 billion U.S. dollars, or 1.1 percent, to 228.2 billion dollars, according to U.S. Census Bureau on Monday, missing market expectations.
In addition, a decline in manufacturing production and weakness in employment combined pulled down the Chicago Fed national activity index to minus 0.26 in May from a revised 0.57 in April.
San Francisco Fed President John Williams said on Monday the Fed needs to raise rates gradually or the economy runs the risk of overheating, according to media reports.
New York Fed chief William Dudley said recent narrowing of credit spreads, record stock prices and falling bond yields could encourage the Fed to continue tightening U.S. policy, media reports said.
Meanwhile, Wall Street was also keeping an eye on U.S. President Donald Trump's first meeting with Indian Prime Minister Narendra Modi. The two leaders are expected to have an in-depth exchange of views on further consolidating wide ranging partnership between the United States and India.
