Business · Markets · 1 hr ago
Wall Street closes mixed as technology shares fall
US stock indexes ended Monday with mixed results.
The Dow Jones rose 0.38%, while the Nasdaq fell 0.44% and the S&P 500 slipped 0.06%.
Energy shares gained as oil prices rose, helping offset losses in technology stocks.
Investors have become more cautious about high technology valuations and whether spending on artificial intelligence will pay off.
Higher energy prices have also raised concern about inflation, while bond yields have recently climbed to 24-year highs.
This week, major banks including Goldman Sachs, Citigroup and JPMorgan Chase are due to report earnings, alongside US inflation and retail sales data.
Analysts expect S&P 500 earnings to rise 30.6% in the third quarter.
Wall Street’s main indexes closed mixed on Monday as gains in energy shares partly offset losses in technology.
The Dow Jones Industrial Average rose 0.38% to 51,850.55, while the Nasdaq Composite fell 0.44% to 27,245.90.
The S&P 500 declined 0.06% to 7,807.20.
Technology shares faced caution over high valuations and doubts about the profitability of artificial intelligence investments.
Investors were also looking ahead to corporate earnings and US inflation and retail sales data due this week.
- Who
- Wall Street investors and the main US stock indexes.
- What
- The Dow rose, while the Nasdaq and S&P 500 fell.
- When
- Monday; the article was published on October 13, 2026.
- Where
- Wall Street, United States.
- Why
- Energy-share gains partly offset losses in technology shares, where investors were cautious about valuations and AI investment profitability.
This story does not have two clearly opposing sides.
Wall Street’s main indexes closed mixed, with the Dow up and the Nasdaq and S&P 500 down.
Goldman Sachs, Citigroup and JPMorgan Chase were among the banks due to report results.
US consumer and producer inflation data for September, along with retail sales figures, were due to be released.
- Dow Jones
- Up 0.38% to 51,850.55
- Nasdaq Composite
- Down 0.44% to 27,245.90
- S&P 500
- Down 0.06% to 7,807.20
- Energy sector
- Up 1.5%
- Philadelphia semiconductor index
- Down 2.7%
What people are saying
Looking ahead, important economic reports are expected this week.
We are also waiting for financial results, and that is important. The four big banks reporting their results on Tuesday can have a big impact.
Sources
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