NEW YORK — U.S. stock indexes showed mixed performance on Monday as technology shares faced renewed selling pressure, with the Dow Jones Industrial Average posting gains while the S&P 500 and Nasdaq Composite declined.
The Dow rose 148.01 points, or 0.29 percent, to close at 51,712.71, supported by strength in industrial and other non-tech sectors. The S&P 500 fell 0.37 percent to 7,472.79, and the tech-heavy Nasdaq Composite dropped 1.32 percent to 26,166.60, according to market data.
The session reflected ongoing volatility in technology stocks, including weakness in shares linked to artificial intelligence and semiconductors. Investors also monitored developments around U.S.-Iran negotiations and awaited upcoming inflation data, market participants said.
Broader rotation out of some high-valuation tech names continued to weigh on the Nasdaq and parts of the S&P 500. SpaceX shares extended losses for a third consecutive day, contributing to pressure on the technology sector.
The performance came after the major indexes had rebounded in the prior week. The Dow has shown relative resilience compared with its peers amid the tech fluctuations.
“Investors are navigating between enthusiasm for certain growth areas and caution over valuations,” one trader noted on the floor of the New York Stock Exchange, speaking on condition of anonymity. Details on specific sector flows remained fluid.
Market participants pointed to elevated Treasury yields and broader economic signals as additional factors influencing trading. Non-tech segments, including industrials such as Caterpillar, provided support to the Dow.
As of late Monday, trading volumes were elevated in affected names. Futures pointed to a cautious open for Tuesday, with exact levels subject to overnight developments and incoming economic releases.
The mixed results highlight continued differentiation across market segments, with technology facing headwinds while other areas demonstrated relative strength. No major shifts in overall market direction were immediately apparent.
