US close: Stocks mixed ahead of key inflation reports

Wall Street delivered a mixed performance on Monday as market participants looked ahead to key inflation data due out later in the week.

At the close, the Dow Jones Industrial Average was down 0.36% at 39,357.01, while the S&P 500 was flat at 5,344.39 and the Nasdaq Composite saw out the session 0.21% firmer at 16,780.61.

The Dow closed 140.53 points lower on Monday after stocks almost completely reversed their violent sell-off from the start of last week.

This week's primary focus will be the July producer price index on Tuesday and the July consumer price index on Wednesday, which may shed some light on whether or not markets have priced in the likelihood of a 50 basis point reduction in the Federal Reserve rate at its next policy meeting in September.

In the corporate space, KeyCorp surged after Bank of Nova Scotia agreed to invest $2.8bn in the lender, while Starbucks also traded higher following a Wall Street Journal report that revealed activist investor Starboard Value has now taken a stake in the coffee chain.

On the macro front, the US Federal Government budget deficit expanded 10% year-on-year to $244.0bn in July, above estimates of $242.0bn.

Reporting by Iain Gilbert at Sharecast.com

Dow Jones - Risers

Unitedhealth Group Inc. (UNH) $565.29 1.17%
Walmart Inc. (WMT) $68.70 1.10%
Apple Inc. (AAPL) $217.53 0.60%
McDonald's Corp. (MCD) $269.46 0.58%
Nike Inc. (NKE) $74.64 0.40%
Microsoft Corp. (MSFT) $406.81 0.19%
JP Morgan Chase & Co. (JPM) $206.19 0.19%
Visa Inc. (V) $259.89 0.05%
Chevron Corp. (CVX) $145.02 0.02%
Dowdupont Inc. (DWDP) $0.00 0.00%

Dow Jones - Fallers

Walgreens Boots Alliance, Inc. (WBA) $10.20 -4.49%
Boeing Co. (BA) $164.13 -2.25%
Procter & Gamble Co. (PG) $166.81 -2.19%
Intel Corp. (INTC) $19.36 -1.78%
Cisco Systems Inc. (CSCO) $44.86 -1.34%
Travelers Company Inc. (TRV) $209.73 -1.29%
International Business Machines Corporation (CDI) (IBM) $189.47 -1.03%
Goldman Sachs Group Inc. (GS) $484.72 -0.97%
Merck & Co. Inc. (MRK) $113.48 -0.93%
Dow Chemical Co. (DOW) $52.24 -0.84%

S&P 500 - Risers

Keycorp (KEY) $15.94 9.10%
Nvidia Corp. (NVDA) $109.02 4.08%
Apache Corp. (APA) $29.19 3.07%
Starbucks Corp. (SBUX) $77.03 2.58%
DaVita Inc (DVA) $143.56 2.37%
Newmont Corporation (NEM) $48.79 2.26%
Corning Inc. (GLW) $39.34 2.24%
Comerica Inc. (CMA) $53.52 2.18%
Marathon Oil Corp. (MRO) $27.86 2.05%
Foot Locker Inc. (FL) $31.10 1.90%

S&P 500 - Fallers

CenturyLink Inc. (LUMN) $4.64 -16.70%
Albemarle Corp. (ALB) $76.00 -6.92%
Hanesbrands Inc. (HBI) $5.77 -5.25%
VF Corp. (VFC) $16.59 -4.66%
Kohls Corp. (KSS) $19.28 -4.55%
Walgreens Boots Alliance, Inc. (WBA) $10.20 -4.49%
Charter Communications Inc. (CHTR) $350.76 -3.75%
Advance Auto Parts (AAP) $58.06 -3.57%
Simon Property Group Inc. (SPG) $153.10 -3.51%
Estee Lauder Co. Inc. (EL) $86.20 -3.31%

Nasdaq 100 - Risers

Nvidia Corp. (NVDA) $109.02 4.08%
Starbucks Corp. (SBUX) $77.03 2.58%
Take-Two Interactive Software Inc. (TTWO) $147.29 1.71%
Micron Technology Inc. (MU) $94.64 1.68%
KLA-Tencor Corp. (KLAC) $757.54 1.44%
Western Digital Corp. (WDC) $60.37 1.16%
Costco Wholesale Corp. (COST) $863.57 1.01%
Applied Materials Inc. (AMAT) $193.09 1.00%
Mercadolibre Inc. (MELI) $1,901.82 0.97%
Illumina Inc. (ILMN) $124.54 0.79%

Nasdaq 100 - Fallers

Sirius XM Holdings Inc (SIRI) $2.98 -5.10%
Walgreens Boots Alliance, Inc. (WBA) $10.20 -4.49%
Qurate Retail Inc. (QRTEA) $0.61 -4.38%
Charter Communications Inc. (CHTR) $350.76 -3.75%
Kraft Heinz Co. (KHC) $34.17 -3.12%
American Airlines Group (AAL) $9.61 -2.54%
Expedia Group Inc. (EXPE) $126.89 -2.40%
Hologic Inc. (HOLX) $81.77 -2.24%
Paypal Holdings Inc (PYPL) $63.46 -1.95%
Hasbro Inc (HAS) $63.09 -1.84%