On Monday, August 26th, U.S. stocks closed mixed. The S&P 500 and Nasdaq declined as Nvidia fell 2.25% ahead of its crucial earnings report. Meanwhile, the Dow edged up, supported by gains in Caterpillar and American Express.
In economic data, U.S. new orders for manufactured durable goods rose by 9.9% in July, recovering from a revised 6.9% decline in the previous month.
Six of the 11 S&P 500 sectors declined, with information technology leading losses.
Related: Top Nvidia Analyst Sees No Major Impact From Blackwell Delay, But Flags One Caveat He’s Wary About Ahead Of Earnings
The Dow Jones Industrial Average was up 0.16% ...
