Stock indexes closed lower on Monday, with the S&P 500 down -0.35%, the Dow Jones down -0.51%, and the Nasdaq down -0.46%. March E-mini S&P futures fell -0.34%, while March E-mini Nasdaq futures fell -0.47%. Megacap technology stocks led the losses, while lower bond yields supported stocks. Nov pending home sales beat expectations, but the Dec Dallas Fed manufacturing outlook fell. Silver and platinum prices dropped sharply, oil prices rose over +2%, and overseas markets settled mixed. Interest rates fell, while US stock movers included Tesla, mining companies, and energy companies. Earnings reports included Bright Minds Biosciences, Daily Journal Corp, Dakota Gold Corp, Lionsgate Studios Corp, Phoenix Education Partners Inc, and Triller Group Inc.
Read more at Barchart: Stocks Settle Lower as Weakness in Big Tech Weighs
