Crude Oil Falls Sharply; US Durable Goods Orders Increase 0.3% In June

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling more than 100 points on Monday. The Dow traded up 0.19% to 52,046.85 while the NASDAQ declined 0.48% to 24,855.82. The S&P 500 also fell, dropping, 0.23% to 7,394.76.

Consumer staples shares jumped by 2% on Monday. In trading on Monday, information technology stocks fell by 1.9%.

U.S. durable goods orders rose 0.3% month-over-month to $334.77 billion in June, compared to a revised 4% gain in May, but down from market estimates of a 1.6% surge.

In commodity news, oil traded down 6.7% to $83.35 while gold traded up 0.1% at $4,073.90. Silver traded down 0.3% to $58.730 on Monday, while copper rose 0.2% to $6.371.