Wall Street indexes moved in opposite directions during Monday’s session, with technology stocks leading losses while other market segments held firmer ground.
Nvidia (NASDAQ: NVDA) shares dropped sharply, falling nearly 5% as the tech-heavy Nasdaq Composite (IXIC) slipped 0.18% on the day.
The Dow Jones Industrial Average (DJI) bucked the broader tech-driven weakness, advancing 0.51% as investors rotated toward more traditional blue-chip holdings.
The S&P 500 (GSPC) ended the session essentially flat, gaining just 0.02% as gains in some sectors offset the drag from technology names.
Geopolitical developments remained a key factor shaping investor sentiment, with potential U.S. military strikes against Iran staying on hold for the time being.
The pause in any Iran-related military action offered some relief to markets that had been monitoring the situation closely for signs of escalation.
Energy markets and risk assets have been sensitive to any developments in the Middle East, given the region’s critical role in global oil supply chains.
Technology stocks, which had driven much of the market’s earlier momentum in 2026, faced renewed selling pressure as investors reassessed valuations in the sector.
Nvidia’s steep single-session decline highlighted broader nervousness around semiconductor and AI-linked equities, which have seen outsized moves throughout the year.
SKHY shares also registered a notable decline of 7.47%, adding to the list of tech-adjacent names under pressure during the session.
The mixed market performance reflects a delicate balance between ongoing geopolitical uncertainty and investor conviction in certain segments of the U.S. economy.
Traders will be watching closely in coming sessions to see whether the technology selloff deepens or stabilizes, and whether the Iran situation shifts in any direction.
