Gains in Amazon.com, Facebook and Apple gave the biggest boost to the S&P 500 and Nasdaq, which ended the day up 0.5 per cent.Netflix also rose, ending up 1 per cent, after Cowen and Co said the video streaming services provider would benefit from high viewership for the recently released third series of its original showInvestors braced for remarks this week from Federal Reserve Chairman Jerome Powell during his two-day testimony before Congress, which starts on Wednesday.
Trade tensions and their effect on corporate America will be front and center when S&P 500 companies kick off the second-quarter earnings season next week. The Dow Jones Industrial Average fell 22.65 points, or 0.08 per cent, to 26,783.49, the S&P 500 gained 3.68 points, or 0.12 per cent, to 2,979.63 and the Nasdaq Composite added 43.35 points, or 0.54 per cent, to 8,141.73.