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