US Stock Market Today: S&P 500, Dow Open Flat As Chip Stocks Fall On China Deal

US Stock Market Today: Wall Street’s main indexes traded mixed on Monday, Aug. 11, as investors prepared for a busy week and chip companies swung after agreeing to share a portion of revenue from China sales with the US under a trade policy shift from the Trump administration.

Markets also sought clarity on the sector tariffs US President Donald Trump had announced. The Dow Jones Industrial Average fell 63.86 points, or 0.14%, to 44,109.53, the S&P 500 gained 0.84 points, or 0.01%, to 6,390.29, and the Nasdaq Composite added 1.42 points, or 0.01%, to 21,451.44.

Seven of the 11 major S&P 500 sectors slipped, while healthcare gained 0.6%, recovering some of the 5% declines it had logged so far this year. Traders took a step back after last week’s rally helped the S&P 500 and the Nasdaq log their strongest weekly performance in more than a month.

Investors expect that the recent shakeup at the US Federal Reserve and signs of labor market weakness could nudge the central bank into adopting a dovish monetary policy stance later this year, fueling much of the optimism.