US stocks mixed as tech weighs on S&P 500, Nasdaq ahead of Nvidia earnings

invezz.com (Swedish)

US stocks closed mixed Monday as tech and semiconductor declines weighed on the S&P 500 and Nasdaq, while the Dow rose. Investors also assessed lower Treasury yields, new tariff threats, and potential expanded US sanctions on Iran. The S&P 500 fell 0.28% to 7,652.96, and the Nasdaq dropped 0.76% to 25,980.19, while the Dow gained 139.98 points, or 0.26%, to 53,416.99. Micron fell over 5%, with AMD and Broadcom down 3% and 2% respectively, ahead of Nvidia's earnings Wednesday. Treasury yields declined on reports the US could use its near $1 trillion General Account for bond buybacks. Markets await Fed Chair Kevin Warsh's Jackson Hole speech Friday and July PCE inflation data Wednesday.


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