Bed Bath & Beyond, another pandemic-era darling, soared as much as 44% Monday. Retail investors may have caught a second wind as meme stocks like AMC and GameStop are on the rise again. ET closing bell on Monday:ĭow Jones Industrial Average : 32,832.54, up 0.09% (29.07 points)

Here's where US indexes stood shortly after the 4:30 p.m.

Meanwhile, Wall Street is anxiously awaiting key inflation data from the Bureau of Labor Statistics, which publishes its consumer price index for July on Wednesday. The sluggish sales data comes as semiconductor shortages still ravage supply chains even as the US tries to bulk up domestic production. Nvidia stock fell as much as 8%, and the Philadelphia semiconductor index lost more than 2%. The company reported preliminary second-quarter sales of $6.7 billion, below an expected $8.1 billion, noting lower demand for gaming chips. US stocks gave up early gains to end mixed Monday as lackluster sales from chipmaker Nvidia dragged down the tech sector. The chipmaker reported preliminary second-quarter sales that missed views, citing weak gaming demand.Įlsewhere, meme stocks continued to rally, signaling retail investors are back in risk-on mode. US stocks ended mixed Monday as Nvidia's revenue warning dragged down the tech sector. Congress is considering banning its members - and their family members - from trading stocks.

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