Business

Snapshot: Precious metals, big deals take stage

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Mining companies and corporate deals were in focus on an otherwise quiet day. Newmont Mining was the biggest S&P 500 gainer as gold and silver increased. Dole Foods rose as its CEO said he would take the company private; Steinway gained after it got a new buyout offer. Stocks opened lower following their biggest weekly loss in nearly two months. By late morning the losses had been pared. Tech shares were the top S&P 500 gainers. Stocks have been idling as companies finish profit reports and investors ponder the Fed’s next move. This week, investors get more clues about the economy with factory, housing, and retail sales data.

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