NEW YORK, March 25 (Xinhua) -- U.S. stocks ended mixed on Monday, amid persistent fears of a downturn in global economic growth and a sign of relief for the market due to the newly-released Muller report, which claimed no evidence of U.S. President Donald Trump and his campaign's collusion with Russia.
The Dow Jones Industrial Average increased 14.51 points, or 0.06 percent, to 25,516.83. The S&P 500 was down 2.35 points, or 0.08 percent, to 2,798.36. The Nasdaq Composite Index decreased 5.13 points, or 0.07 percent, to 7,637.54.
Shares of Apple fell over 1.21 percent, after the tech giant announced a series of new services on Monday, as the company is seeking to expand areas of revenue growth to grapple with weakening iPhone sales.
Apple launched a streaming video service called Apple TV Plus featuring Apple-produced content, and a new subscription service, which adds magazines content to the Apple News app.
Shares of Boeing rose nearly 2.29 percent, after the U.S. aircraft giant reportedly invited three U.S. airlines over the weekend to review a software upgrade for its 737 MAX fleet, which has encountered two fatal crashes over the past five months.
Seven of the 11 primary S&P 500 sectors traded lower around market close, with the information technology sector down 0.4 percent, leading the losers.
A latest report found no evidence of U.S. President Donald Trump's collusion with Russia, which uplifted the market around midday for a short-period session.
The investigation led by Special Counsel Robert Mueller did not find that the Trump campaign or anyone associated with it conspired or coordinated with Russia in its efforts to influence the 2016 U.S. presidential election, according to Attorney General William Barr.
Concerns over the investigation had persisted among investors and traders, as it could obstruct the Trump administration's moves to cut taxes and loosen regulations on companies, analysts noted.
Investor sentiment continued to be affected by an inverted yield curve last Friday, as the spread between the U.S. 3-month Treasury bill yield and the 10-year note rate turned negative, the first time since 2007, according to Refinitiv Tradeweb data.
An inverted yield curve happens when short-term rates surpass their longer-term counterparts, which is widely regarded as a key indicator of recession in the near future. Enditem