US close: Stocks little changed as investors look ahead to Jackson Hole.


Major indices were little changed on Monday after increased hopes of a rate cut from the Federal Reserve buoyed sentiment last week.

Source: Sharecast

At the close, the Dow Jones Industrial Average was 0.08% lower at 44,911.82, while the S&P 500 shed 0.01% to 6,449.15 and the Nasdaq Composite advanced 0.03% to 21,629.77.

The Dow closed 34.30 points lower on Monday, almost reversing modest gains recorded in the previous session.

The Federal Reserve will remain in focus this week, with policymakers set to head to Jackson Hole for the annual economic symposium. Investors will be watching closely for any signals on the future direction of interest rates. Futures markets now appear to be pricing in an almost 85% chance of a rate cut at the central bank's September meeting.

On the macro front, the National Association of Home Builders/Wells Fargo housing market index edged down to 32 in August from 33 in July, missing market expectations of an increase to 34. Current sales conditions dropped one point to 35, while sales expectations in the next six months held steady at 43.

No major corporate earnings were slated for release on Monday, but big-box retailers, Home Depot, Lowe's, Walmart and Target will all release their latest quarterly figures before the end of the week.

Reporting by Iain Gilbert at Sharecast.com

Dow Jones - Risers

Unitedhealth Group Inc. (UNH) $308.49 1.47%
Caterpillar Inc. (CAT) $412.64 1.19%
Cisco Systems Inc. (CSCO) $66.95 1.13%
Walt Disney Co. (DIS) $116.55 1.01%
Procter & Gamble Co. (PG) $155.69 0.88%
Walmart Inc. (WMT) $100.64 0.70%
Salesforce.Com Inc. (CRM) $243.97 0.63%
Nike Inc. (NKE) $77.39 0.60%
American Express Co. (AXP) $306.87 0.52%
JP Morgan Chase & Co. (JPM) $291.53 0.36%

Dow Jones - Fallers

Intel Corp. (INTC) $23.66 -3.66%
Amgen Inc. (AMGN) $292.62 -1.30%
Boeing Co. (BA) $232.41 -1.21%
Home Depot Inc. (HD) $394.70 -1.17%
Coca-Cola Co. (KO) $69.13 -1.13%
Chevron Corp. (CVX) $155.32 -0.79%
Microsoft Corp. (MSFT) $517.10 -0.59%
Dow Chemical Co. (DOW) $23.30 -0.51%
Visa Inc. (V) $342.74 -0.50%
Apple Inc. (AAPL) $230.89 -0.30%

S&P 500 - Risers

CenturyLink Inc. (LUMN) $4.68 5.87%
Bath & Body Works, Inc. (BBWI) $30.17 5.16%
Royal Caribbean Cr (RCL) $326.80 4.09%
Macy's Inc. (M) $13.26 3.59%
Seagate Technology Plc (STX) $158.70 2.77%
CVS Health Corp (CVS) $70.17 2.29%
Hewlett Packard Enterprise (HPE) $21.63 2.22%
Micron Technology Inc. (MU) $123.55 2.22%
Starbucks Corp. (SBUX) $92.54 2.14%
Johnson Controls International plc (JCI) $105.77 2.12%

S&P 500 - Fallers

TripAdvisor Inc. (TRIP) $16.72 -5.11%
Intel Corp. (INTC) $23.66 -3.66%
Coterra Energy Inc. (CTRA) $23.24 -3.29%
Electronic Arts Inc. (EA) $169.16 -3.15%
Apartment Investment & Management Co. (AIV) $7.70 -2.54%
Baxter International Inc. (BAX) $23.61 -2.36%
Incyte Corp. (INCY) $84.92 -2.30%
Meta Platforms Inc. (META) $767.37 -2.27%
United Parcel Service Inc. (UPS) $86.51 -2.23%
Clorox Co. (CLX) $119.48 -2.20%

Nasdaq 100 - Risers

Seagate Technology Plc (STX) $158.70 2.77%
Workday, Inc. (WDAY) $231.85 2.55%
Micron Technology Inc. (MU) $123.55 2.22%
Starbucks Corp. (SBUX) $92.54 2.14%
Cadence Design Systems Inc. (CDNS) $356.25 1.82%
Align Technology Inc. (ALGN) $144.94 1.76%
Western Digital Corp. (WDC) $76.29 1.64%
Booking Holdings Inc. (BKNG) $5,532.00 1.42%
Tesla Inc (TSLA) $335.16 1.39%
Synopsys Inc. (SNPS) $625.33 1.20%

Nasdaq 100 - Fallers

Intel Corp. (INTC) $23.66 -3.66%
Electronic Arts Inc. (EA) $169.16 -3.15%
Qvc Group Inc Series A (QVCGA) $4.06 -2.64%
Incyte Corp. (INCY) $84.92 -2.30%
Meta Platforms Inc. (META) $767.37 -2.27%
Idexx Laboratories Inc. (IDXX) $637.86 -1.99%
Biogen Inc (BIIB) $135.91 -1.94%
eBay Inc. (EBAY) $99.03 -1.66%
Kraft Heinz Co. (KHC) $27.27 -1.45%
Amgen Inc. (AMGN) $292.62 -1.30%

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