The three major U.S. stock indexes closed divided on Monday, with the Dow falling below the 40000-point mark and the Nasdaq hitting a new high. Reuters reported that technology stocks were higher ahead of Nvidia's results and investors were assessing the timing of the Federal Reserve's interest rate cut.

Dow closed at 39,806pokercasino77 points, a decrease of 0.49%; the Nasdaq closed at 16,794.87 points, an increase of 0.65%, a new closing high; the S & P 500 Index closed at 5,308.13 points, an increase of 0.09%. During intraday trading on Monday, the Dow rose to a high of 40,077.40 points, and the Nasdaq rose to 16,823.83 points, both reaching intraday record highs.

Most large U.S. technology stocks rose, chip stocks rose across the board, most banking stocks fell, energy stocks generally fell, and anti-epidemic concept stocks collectively rose. Chinese stocks generally fell.

pokercasino| [U.S. Stocks] U.S. stocks diverge: The Nasdaq hits a new high, and the Dow falls below the 40000-point mark

According to Reuters, Nvidia announced quarterly results on Wednesday. At least three brokerages have raised their pricespokercasinoIt raised Nvidia's target share price, while peer Micron Technology raised Nvidia's target share price.

In addition, comments by Fed officials on Monday did little to change expectations for the Fed to cut interest rates. Markets expect a 63.3% chance that the Fed will cut interest rates by at least 25 basis points at its September meeting. (Zhongxin Jingwei)