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Barchart
Barchart
Rich Asplund

RARE PHOTOS: Stocks mostly lower on weakness in megacap tech and software stocks | Vintage Vibes

ACA Nasdaq SP Iran United States Andy Burnham ECB Alphabet Anthropic PBC crude oil

The S&P 500 Index ($SPX) (SPY) on Monday closed down -0.37%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.19%. September E-mini S&P futures (ESU26) fell -0.34%, and September E-mini Nasdaq futures (NQU26) fell -0.19%.

Stock indexes gave up an early advance on Monday and settled mixed. Alphabet fell more than -5% to lead megacap technology stocks lower after announcing that Google DeepMind Vice President Jumper is leaving the company to join Anthropic PBC. Also, the weakness in software companies on Monday weighed on the broader market.

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