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Stocks sat near flat on Monday, the final trading session of what’s shaping up to be a winning month and quarter.
The Dow Jones Industrial Average fell 109.49 points by noon ET to 42,203.51
The S&P 500 index regrouped 40 points to 5,738.578
The NASDAQ Composite regained 9.47 points to 18,129.06.
Month to date, the Dow has tacked on 1.7% and the S&P 500 is up 1.5%. The tech-heavy NASDAQ has advanced 2.2% in September.
The Dow has led the way this quarter, climbing more than 8%. The S&P 500 is ahead 5% and the NASDAQ has added 2%, since July began.
Nvidia is on track to notch its first losing quarter since 2022, underscoring the changing views on mega-cap technology after capturing investor attention for more than a year.
Looking ahead, October has a troubling history for markets. It’s known as a time of extreme volatility with some of the more notable Wall Street drawdowns occurring during the month.
Prices for the 10-year Treasury sagged to raise yields to 3.78% from Friday’s 3.75%. Treasury prices and yields move in opposite directions.
Oil prices gained 90 cents at $69.08 U.S. a barrel.
Gold prices flopped $13.00 to $2,655.10 U.S. an ounce
