Dow Edges Higher as Tech Shares Weigh on Nasdaq
Wall Street opened the week in a mixed and choppy mood on Monday, with the Dow Jones Industrial Average edging higher while technology shares pulled the broader market lower.
The Dow rose 105 points, or 0.2%, to 53,382, while the S&P 500 fell 31 points, or 0.4%, to 7,643, and the Nasdaq dropped 254 points, or 1%, to 25,926.
Investors are bracing for a consequential week ahead, with geopolitical developments, major tech earnings, and fresh macroeconomic signals competing for attention.
Nvidia is easily the biggest name on this week's earnings calendar, with investors closely watching whether the AI heavyweight can continue to justify the enormous expectations surrounding the sector.