Consumer companies ticked down as traders awaited inflation data later this week.
U.S. new-home sales fell 0.3% to an annual rate of 662,000 in February, from a revised 664,000 in the prior month, the Commerce Department reported Monday.
Shares of GameStop rallied after the video-game chain's quarterly earnings topped Wall Street targets.
"Some of these high growers [are] probably deserving of high multiples, and then there's everthing else," said J.D. Joyce, president of Houston financial advisory Joyce Wealth Management.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
03-25-24 1714ET