NEW YORK, April 8 (Xinhua) -- U.S. stocks ended mixed on Monday, as the Dow was pulled down by several large aircraft stocks.
The Dow Jones Industrial Average fell 83.97 points, or 0.32 percent, to 26,341.02. The S&P 500 rose 3.03 points, or 0.10 percent, to 2,895.77. The Nasdaq Composite Index increased 15.19 points, or 0.19 percent, to 7,953.88.
Shares of Boeing declined 4.44 percent, after Bank of America Merrill Lynch slashed the U.S. aircraft giant's rating from "buy" to "neutral."
Shares of American Airlines Group fell 0.53 percent, after the company said it would extend flight cancellations through June 5, due to the lingering grounding of Boeing 737 Max planes.
Shares of Southwest Airlines also fell 2.46 percent, after Raymond James downgraded its rating on the U.S. airline giant to a "market perform" from an "outperform," given the remaining risks as Boeing continued grounding its 737 Max jets.
Six of the 11 primary S&P 500 sectors traded higher around market close, with the energy sector up nearly 0.5 percent, leading the gainers.
Investors are closely watching further updates on U.S.-China trade negotiations, as the market has been underpinned by progress in the just-concluded U.S.-China trade talks and upbeat U.S. jobs data since last Friday.
On the economic front, U.S. new orders for manufactured goods in February decreased 0.5 percent to 497.5 billion U.S. dollars, the U.S. Census Bureau reported Monday. Enditem
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