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Barchart
Rich Asplund

Stocks Settle Mixed on Weakness in Tech Stocks

The S&P 500 Index ($SPX) (SPY) Monday closed down -0.31%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.67%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.15%.

Stock indexes Monday settled mixed, with the Dow Jones Industrials climbing to a 1-month high and the Nasdaq 100 falling to a 1-week low.  Weakness in technology stocks Monday weighed on the Nasdaq 100 and the overall market after Truist Advisory Services downgraded the technology sector to neutral from overweight, citing valuation concerns.

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