U.S. stocks drifted to a mixed finish as the countdown ticks toward potentially market-moving events coming later in the week.
The S&P 500 slipped 0.3% Monday and pulled further from its record set earlier this month. The Dow Jones Industrial Average added 0.3%, and the Nasdaq composite fell 0.8%.
Yields eased in the bond market after oil prices dropped. Investors are waiting for Nvidia’s profit report coming Wednesday, which could shed light on how strong the AI boom remains. On Friday, Federal Reserve Chairman Kevin Warsh will give a speech as pressure rises on him to hike interest rates to get inflation under control.
On Monday:
The S&P 500 fell 21.51 points, or 0.3%, to 7,652.86.
The Dow Jones Industrial Average rose 140.15 points, or 0.3%, to 53,417.16.
The Nasdaq composite fell 200.26 points, or 0.8%, to 25,980.19.
The Russell 2000 index of smaller companies fell 22.79 points, or 0.8%, to 2,995.08.
The Next Inflation Problem Won’t Be Solved by the Fed
State Farm Is Embroiled in a Scandal—and Things Just Got Worse
Advisor News
- Your client’s $3 million portfolio doesn’t tell you their insurance needs
- How life insurance can provide liquidity for wealthy families
- Retirement providers turn to digital engagement to retain assets
- Looking out for clients with diminished mental capacity
- House panel advances CLEAR Forms Act backed by IRI
More Advisor NewsAnnuity News
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
- Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
More Annuity NewsHealth/Employee Benefits News
Life Insurance News