Stock market edges up a day ahead of election
NEW YORK -- On the day before the U.S. presidential election, stock indexes managed slight gains in thin trading.
After wavering between small gains and losses, the Dow Jones industrial average ended with a gain of 19.28 points to start the week, closing at 13,112.44 on Monday.
Uncertainty surrounding the election will prevent most investors from making any big moves before it's over, said Randy Frederick, managing director of active trading and derivatives at the brokerage Charles Schwab.
In other Monday trading, the Standard & Poor's 500 index rose 3.06 points to 1,417.26, while the Nasdaq composite index climbed 17 points to 2,999.66. Just 2.9 billion shares were traded on the New York Stock Exchange, well below the recent average.