US stocks drift ahead of Tuesday’s jobs report
By STAN CHOE, AP Business Writer
NEW YORK (AP) — Wall Street drifted through a quiet day of trading on Monday, ahead of economic reports this week that could drive where interest rates go.
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The S&P 500 slipped 0.2%, though the majority of stocks within the index rose. The Dow Jones Industrial Average dipped 41 points, or 0.1%, and the Nasdaq composite fell 0.6%.
Helping to keep indexes in check were stocks in the artificial-intelligence industry, which were mixed following last week’s scary swings.
Nvidia, the chip company that’s become the face of the AI boom, added 0.7%. It was one of the strongest forces pushing upward on the S&P 500 after dropping 4.1% last week.
