US Stock Market on Monday saw volatile sessions as S&P 500 fell 4.30 points, or 0.1 per cent, to 7,807.24, Nasdaq composite was down 120.27 points, or 0.4 per cent, to 27,245.90, Russell 2000 index of smaller companies slipped 12.50 points, or 0.4 per cent, to 2,794.48. Dow Jones Industrial Average rose 195.60 points, or 0.4 per cent, to 51,850.55.
Traders were pricing in an almost 22 per cent chance the US Federal Reserve will hike interest rates this month, according to CME's FedWatch tool, up from 17.7 per cent on Friday.