Stock market today: Nvidia slump pressures Nasdaq as stocks mixed to start last week of Q2

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Nasdaq Composite News

Nvidia,End Of The Week

Stocks are hoping to add a punchline to what's been a high-flying quarter thus far.

US stocks traded mixed early Monday with Nvidia putting pressure on the tech sector to start the last week of another successful quarter on Wall Street. The benchmark S&P 500 fell below the the flatline, while the tech-heavy Nasdaq Composite fell about 0.4%. The Dow Jones Industrial Average rose roughly 0.3%. Stocks are hoping to add a punchline to what's been a high-flying quarter thus far. The S&P 500 is up around 4.

The macroeconomic front, as well as renewed focus on the US political scene, could grab more of the spotlight this week. On the latter point, US President Joe Biden and presumptive Republican nominee Donald Trump are set for their first debate Thursday evening. Yahoo Finance's Ben Werschkul has a good primer on what to watch from a US economic perspective. And then: inflation. The Personal Consumption Expenditures index will be released on Friday morning.

 

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