US equities ended mixed with the Dow up 160 points while tech-heavy Nasdaq fell 0.5% amid sector rotation.
US stocks closed mixed as the Dow Jones Industrial Average rose 160.02 points, or 0.32%, to 49,690.96. The S&P 500 dipped 0.07% to 7,403.04, while the Nasdaq Composite slid 0.51% to 26,090.73, led by declines in tech and AI-related stocks.
The Russell 2000 fell 0.65%, reflecting broader weakness in small caps. Gainers in the Dow included 3M (+4.32%) and Chevron (+2.63%), driven by energy strength, while Caterpillar (-2.76%) and NVIDIA (-1.33%) weighed on the index. Tech stocks faced pressure ahead of NVIDIA’s earnings report on Wednesday.
Market moves suggested a rotation from tech and industrials into defensive and consumer sectors. Roblox (+9.64%) and healthcare names like Boston Scientific (+6.15%) outperformed, while AI infrastructure stocks such as Nebius (-9.13%) and Vertiv (-8.41%) lagged.