The S&P 500 Index ($SPX) (SPY) Monday closed up +0.09%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.49%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.69%.
US stock indexes Monday settled mixed, with the Nasdaq 100 posting a new record high. Strength in chip stocks supported the broader market and pushed the Nasdaq 100 to a new record high. Also, cruise line operators rallied Monday after Norwegian Cruise Line Holdings boosted its full-year adjusted EPS estimate. A -4% slump in JPMorgan Chase weighed on the Dow Jones Industrials. Also, hawkish Fed comments on Monday pushed bond yields higher and limited stock gains.
