U.S. stocks closed mixed on Monday as investors mulled over Federal Reserve Chair Jerome Powell’s speech from the Jackson Hole Economic Symposium and anticipated key events later in the week, including Nvidia Corp.’s earnings report on Wednesday and new inflation data on Friday.
The Dow Jones Industrial Average rose by 65.44 points, or 0.2%, finishing at a record high of 41,240.52. This marks the 23rd record close for the index this year, according to Dow Jones Market Data.
In contrast, the S&P 500 declined by 17.77 points, or 0.3%, ending at 5,616.84.
The Nasdaq Composite dropped 152.03 points, or 0.9%, to close at 17,725.76.
