US close: S&P 500 and Nasdaq Composite fall from record highs

(Sharecast News) - Wall Street stocks closed lower on Monday as both the S&P 500 and Nasdaq Composite fell from the all-time highs recorded at the end of last week. At the close, the Dow Jones Industrial Average was down 0.25% at 38,989.83, while the S&P 500 lost 0.012% to 5,130.95 and the Nasdaq Composite saw out the session 0.41% higher at 16,207.51.

The Dow closed 97.55 points lower on Monday, reversing gains recorded in the previous session.

Nvidia continued to trade higher on Monday after rallying sharply at the end of last week, with the stock now trading at a fresh record high, while tech giant Apple traded lower after being levelled with a $1.84bn antitrust fine by the European Union.

No major data points were released on Monday but kater in the week, market participants will turn their attention to ADP's employment survey and job openings data on Wednesday, while Friday will mark the release of both manufacturing and nonfarm payrolls data. Fed chairman Jerome Powell will also testify in front of both the House of Representatives and the Senate on Wednesday and Thursday, respectively.

No major corporate earnings were scheduled for publication on Monday.

Reporting by Iain Gilbert at Sharecast.com

Dow Jones - Risers

Intel Corp. (INTC) $45.61 4.08% International Business Machines Corporation (CDI) (IBM) $193.06 2.58% Dow Chemical Co. (DOW) $57.02 2.24% Walt Disney Co. (DIS) $113.69 1.55% Cisco Systems Inc. (CSCO) $49.13 1.51% Goldman Sachs Group Inc. (GS) $392.25 1.07% Walmart Inc. (WMT) $59.30 0.92% JP Morgan Chase & Co. (JPM) $186.68 0.75% Caterpillar Inc. (CAT) $338.65 0.58% Coca-Cola Co. (KO) $59.81 0.47%

Dow Jones - Fallers

Walgreens Boots Alliance, Inc. (WBA) $20.58 -4.23% Chevron Corp. (CVX) $148.88 -2.57% Apple Inc. (AAPL) $175.10 -2.54% Nike Inc. (NKE) $99.54 -2.30% Merck & Co. Inc. (MRK) $124.05 -2.29% Unitedhealth Group Inc. (UNH) $481.87 -1.56% Johnson & Johnson (JNJ) $159.84 -1.41% Home Depot Inc. (HD) $380.37 -1.06% Visa Inc. (V) $280.53 -0.93% Salesforce.Com Inc. (CRM) $314.64 -0.71%

S&P 500 - Risers

Nektar Therapeutics (NKTR) $0.90 15.38% Macy's Inc. (M) $20.45 13.55% Hewlett Packard Enterprise (HPE) $17.15 10.22% H&R Block Inc. (HRB) $50.49 4.88% Newmont Corporation (NEM) $33.48 4.82% CenturyLink Inc. (LUMN) $1.69 4.32% Dominion Energy Inc. (D) $46.70 4.26% Morgan Stanley (MS) $90.04 4.12% Intel Corp. (INTC) $45.61 4.08% PNC Financial Services Group (PNC) $153.96 4.01%

S&P 500 - Fallers

Albemarle Corp. (ALB) $133.20 -6.72% Lincoln National Corp. (LNC) $25.93 -6.43% American Airlines Group (AAL) $14.81 -5.43% Charter Communications Inc. (CHTR) $279.06 -4.81% CH Robinson Worldwide Inc (CHRW) $70.45 -4.64% Dxc Technology Company (DXC) $20.73 -4.43% Walgreens Boots Alliance, Inc. (WBA) $20.58 -4.23% FMC Technologies Inc. (FTI) $21.68 -3.99% Ralph Lauren Corp (RL) $178.23 -3.68% Diamondback Energy Inc. (FANG) $178.89 -3.39%

Nasdaq 100 - Risers

Intel Corp. (INTC) $45.61 4.08% Nvidia Corp. (NVDA) $852.37 3.60% Fastenal Co. (FAST) $74.79 2.68% Align Technology Inc. (ALGN) $308.04 2.68% QUALCOMM Inc. (QCOM) $166.56 2.13% eBay Inc. (EBAY) $48.91 1.79% Cisco Systems Inc. (CSCO) $49.13 1.51% Costco Wholesale Corp. (COST) $759.18 1.30% Hologic Inc. (HOLX) $74.60 1.29% Seagate Technology Plc (STX) $98.38 1.26%

Nasdaq 100 - Fallers

Qurate Retail Inc. (QRTEA) $1.30 -7.45% Tesla Inc (TSLA) $188.14 -7.16% Workday, Inc. (WDAY) $273.02 -6.47% American Airlines Group (AAL) $14.81 -5.43% Trip.com Group Limited (TCOM) $42.58 -5.19% JD.com, Inc. (JD) $21.88 -4.87% Charter Communications Inc. (CHTR) $279.06 -4.81% Walgreens Boots Alliance, Inc. (WBA) $20.58 -4.23% Mercadolibre Inc. (MELI) $1,560.08 -3.27% Baidu Inc. (BIDU) $100.72 -3.17%