US close: Dow ends session in the red, S&P 500 notches up another record high
Major indices put on a mixed performance on Monday amid renewed hopes for the passing of Joe Biden's $1.0trn bipartisan infrastructure deal, a strong session for tech stocks and losses for some big-name energy firms.
At the close, the Dow Jones Industrial Average was down 0.44% at 34,283.27, while the S&P 500 ticked up 0.23% to 4,290.61 and the Nasdaq Composite saw out the session 0.98% firmer at 14,500.51.
The Dow Jones closed 150.57 points lower on Monday, taking a bite out of gains recorded on Friday, while the S&P 500 managed to extend upon the record high it notched up in the previous session.
In focus on Monday was news that Joe Biden's huge, bipartisan infrastructure deal appeared to have been revitalised on Sunday after the President clarified that he had no intention of vetoing the legislation if it came without a separate reconciliation bill including funding for issues like climate change, child care, health care and education, as favoured by Democrats, leading Republican senators to then agree to push the deal through.
On the macro front, the Dallas Fed's manufacturing index came in at 31.1 in June, short of an expected print of 32.5 and down from the previous month's reading of 34.9.
In the corporate space, Apple, Amazon and Salesforce all traded higher, while Boeing shares fell 3.60% after regulators warned the company that it was unlikely to receive certification for its long-range aircraft until at least 2023.
Chevron and Exxon Mobil shares weighed on the Dow, down 3.08% and 2.52%, respectively.
Dow Jones - Risers
Intel Corp. (INTC) $57.48 2.81%
Microsoft Corp. (MSFT) $268.72 1.40%
Apple Inc. (AAPL) $134.78 1.25%
Salesforce.Com Inc. (CRM) $244.57 1.12%
3M Co. (MMM) $196.50 0.90%
Procter & Gamble Co. (PG) $135.40 0.30%
Home Depot Inc. (HD) $314.27 0.21%
JP Morgan Chase & Co. (JPM) $154.33 0.18%
Walgreens Boots Alliance, Inc. (WBA) $52.21 0.10%
Amgen Inc. (AMGN) $242.84 0.07%
Dow Jones - Fallers
Boeing Co. (BA) $239.96 -3.39%
Chevron Corp. (CVX) $103.99 -3.08%
American Express Co. (AXP) $164.78 -2.76%
Travelers Company Inc. (TRV) $149.45 -1.50%
Visa Inc. (V) $234.09 -1.36%
Nike Inc. (NKE) $152.36 -1.29%
International Business Machines Corporation (CDI) (IBM) $145.25 -1.06%
Walt Disney Co. (DIS) $176.57 -1.00%
Unitedhealth Group Inc. (UNH) $401.46 -0.86%
Dow Chemical Co. (DOW) $62.88 -0.62%
S&P 500 - Risers
NRG Energy Inc. (NRG) $40.84 6.11%
Nvidia Corp. (NVDA) $799.40 5.01%
Facebook Inc. (FB) $355.64 4.18%
Applied Materials Inc. (AMAT) $140.99 3.52%
Activision Blizzard Inc. (ATVI) $95.40 3.40%
Electronic Arts Inc. (EA) $142.98 3.17%
Nektar Therapeutics (NKTR) $17.76 2.84%
Intel Corp. (INTC) $57.48 2.81%
Abbott Laboratories (ABT) $115.70 2.64%
Lam Research Corp. (LRCX) $646.96 2.62%
S&P 500 - Fallers
Carnival Corp. (CCL) $26.15 -7.04%
Royal Caribbean Cr (RCL) $83.45 -6.47%
Norwegian Cruise Line Holdings Ltd (NCLH) $29.14 -6.09%
National Oilwell Varco Inc. (NOV) $14.71 -6.00%
Apartment Investment & Management Co. (AIV) $6.91 -5.84%
HollyFrontier Corp (HFC) $32.68 -5.71%
Eog Resources Inc. (EOG) $83.03 -5.34%
Valero Energy Corp. (VLO) $77.72 -5.32%
Apache Corp. (APA) $21.03 -5.27%
FMC Technologies Inc. (FTI) $9.02 -5.15%
Nasdaq 100 - Risers
Nvidia Corp. (NVDA) $799.40 5.01%
NetEase Inc. Ads (NTES) $111.30 4.21%
Facebook Inc. (FB) $355.64 4.18%
Applied Materials Inc. (AMAT) $140.99 3.52%
Activision Blizzard Inc. (ATVI) $95.40 3.40%
Electronic Arts Inc. (EA) $142.98 3.17%
Intel Corp. (INTC) $57.48 2.81%
Lam Research Corp. (LRCX) $646.96 2.62%
Asml Holdings N.V. (ASML) $704.11 2.61%
Tesla Inc (TSLA) $688.72 2.51%
Nasdaq 100 - Fallers
Expedia Group Inc. (EXPE) $163.55 -4.35%
American Airlines Group (AAL) $21.39 -3.74%
Booking Holdings Inc. (BKNG) $2,204.55 -3.38%
Marriott International - Class A (MAR) $135.87 -3.05%
Wynn Resorts Ltd. (WYNN) $120.76 -2.66%
Qurate Retail Inc. (QRTEA) $13.01 -2.29%
Biogen Inc (BIIB) $340.27 -2.20%
Liberty Global plc Series A (LBTYA) $27.95 -1.65%
Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $343.12 -1.65%
Liberty Global plc Series C (LBTYK) $27.88 -1.59%