
The stock market ended in red after a choppy session on Monday, with the S&P 500 slipping 0.3% to 4,118.63. The Nasdaq Composite lost 0.2%, while the Dow Jones shed 46.73 points.
This came after the benchmark indices witnessed their best month since November 2020. Moreover, stocks enjoyed a strong rally last week as investors wagered that the Fed might not be more aggressive with its interest rate hikes.