Stocks were mostly lower on Monday after a terror attack in London over the weekend, a slump in crude oil, and a rare analyst downgrade on Apple (AAPL) shares. 

The S&P 500 was down 0.02%, the Dow Jones Industrial Average was flat, and the Nasdaq increased 0.03%.

Still, stocks held close to records with market reaction to terrorism appearing restrained and cautious. Wall Street largely overlooked weaker-than-expected U.S. jobs growth in May on Friday, with major benchmark indexes closing at records for the second day in a row.

"There is little market reaction to another terrorism event in London, and oil is barely budging on a political spat in the Middle East," said James "Rev Shark" Deporre in his daily column over on our premium site for investors, Real Money. Get his insights with a free trial subscription to Real Money.

Seven people have died and 50 more have been injured in a terrorist attack near the busy London Bridge Station in the center of the British capital late Saturday, Metropolitan Police have confirmed. Police said three men drove a white transit van at high speed toward London Bridge just after 10 p.m. local time, deliberately targeting pedestrians before continuing to the busy restaurant and pub district of Borough Market, which was packed with revelers enjoying the unusually warm summer Saturday evening.

"Enough is enough," U.K. Prime Minister Theresa May said in a statement. "There is far too much tolerance of extremism in our country ... we cannot and must not pretend that things can continue as they are." May said the general election would take place as scheduled on June 8, though campaigning was suspended for the day. 

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