Wall Street ends flat as financials’ rise offsets tech drop

Wall Street
Wall Street Market Update

US stocks closed little changed on Monday after rising dramatically the week before and a decline in the technology sector offset a steep rise in financial stocks as investors bet on higher interest rates.

After choppy trading late in the session, the Dow ended at a record high while the S&P 500 and the Nasdaq Composite dipped.
The Dow Jones industrial average closed up 21.03 points, or 0.11 percent, to 18,868.69, the S&P 500 lost 0.25 points, or 0.01 percent, to 2,164.2 and the Nasdaq Composite dropped 18.72 points, or 0.36 percent, to 5,218.40.
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