U.S. equity markets were mixed Monday with the S&P 500 and the Nasdaq Composite battling to hold record highs. 

Ticker Security Last Change Change % I:DJI DOW JONES AVERAGES 34259.16 -174.68 -0.51%SP500 S&P 500 4280.74 +0.04 +0.00%I:COMP NASDAQ COMPOSITE INDEX 14446.664043 +86.28 +0.60%

The Dow Jones Industrial Average fell 30 points, or 0.09%, while the S&P 500 and the Nasdaq Composite edged up 0.15% and 0.59%, respectively, hitting intraday record highs. 

The mixed session comes after President Biden said Sunday he would sign the $953 billion infrastructure deal reached by a bipartisan group of senators if it were to reach his desk without the separate Democrat-backed reconciliation bill that would provide funding for human infrastructure.

Ticker Security Last Change Change % BA THE BOEING CO. 239.63 -8.62 -3.47%

In stocks, Boeing Co.’s 777X aircraft is unlikely to receive Federal Aviation Administration certification before mid-2023 at the earliest, the agency said Sunday. 

Ticker Security Last Change Change % TSLA TESLA, INC. 684.33 +12.46 +1.85%

Tesla Inc. will "recall" 300,000 China-made and imported Model 3 and Model Y vehicles to update its assisted driving software. Car owners will not be required to bring their vehicles into the dealership as the upgrades can be done online.

Ticker Security Last Change Change % COIN COINBASE GLOBAL, INC. 240.39 +15.85 +7.06%BITQ EXCHANGE TRADED CONCEPTS TRUST BITWISE CRYPTO INNOVATORS E 22.99 +0.98 +4.48%

Elsewhere, crypto-related names, including Coinbase Global Inc. and MicroStrategy Inc., were bouncing back as bitcoin rallied above $34,000 a coin. 

CRYPTOS REBOUND DESPITE BINANCE SNUB

Ticker Security Last Change Change % SPCE VIRGIN GALACTIC HOLDINGS INC. 54.98 -0.94 -1.69%

Virgin Galactic Holdings Inc. continued higher after gaining 39% on Friday after the company received regulatory approval to fly passengers into space. 

In commodities, West Texas Intermediate crude oil slipped 8 cents to $73.97 a barrel and gold ticked up 30 cents to $1,778.10 an ounce.

Overseas markets were mostly weaker in quiet trading. 

In Europe, Britain’s FTSE 100 and France’s CAC 40 both lost 0.5% while Germany’s DAX 30 advanced 0.21%. 

Asian markets were slightly lower across the board, with Hong Kong’s Hang Seng index losing 0.07%, Japan’s Nikkei 225 sliding 0.06% and China’s Shanghai Composite declining 0.03%. 

Source Link:
https://www.foxbusiness.com/markets/stocks-biden-infrastructure-boeing-tesla-oil-gold-europe-asia

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