
Stocks opened higher Monday but quickly turned choppy as investors looked ahead to a busy week of inflation updates. Today's economic calendar was relatively quiet, though, which had market participants parsing several single-stock headlines. Among the highlights, Nvidia (NVDA) continued to bounce, and Starbucks (SBUX) found itself the target of not one but two activist investors.
At the close, the Dow Jones Industrial Average was down 0.4% at 39,357. The S&P 500 eked out a fractional gain to 5,344, while the tech-heavy Nasdaq Composite added 0.2% to 16,780 on strength in a number of semiconductor stocks.