U.S. equities closed mixed Monday with chip stocks weighing on the Nasdaq while geopolitical tensions kept broader markets subdued.
The S&P 500 finished unchanged on Monday as investors weighed Middle East developments against sector-specific moves. The Nasdaq Composite slipped 0.2%, dragged down by semiconductor stocks, which struggled to regain momentum after recent declines.
Prior to the session, chipmakers had underperformed broader markets, with the sector posting losses in three of the last five trading days. The S&P 500’s flat close followed a 0.4% gain on Friday, while the Nasdaq had risen 0.7% in the previous session.
No immediate market reaction was reported beyond the closing figures.