ASX set to rise despite choppy Wall Street session - Sydney Morning Herald

The S&P 500 slipped by 0.1 per cent, the Dow Jones Industrial Average lost 0.2 per cent and the tech-heavy Nasdaq composite lost 0.4 per cent.

Small company stocks, which have been outgaining the broader market this year, also fell.

The Russell 2000 index of smaller companies gave up 9.69 points, or 0.4 per cent, to 2,233.78.

The index is up 13.1 per cent so far this year, while the S&P 500, which tracks large companies, is up 9.9 per cent.

Apple fell 1.3 per cent and Google’s parent company slid 1.1 per cent.

It ended Friday at 1.66 per cent and had been as high as 1.75 per cent last Monday.

While many economists are projecting a strong economic rebound this year, some companies that stand to benefit from the reopening of the economy were among the decliners on Monday.