Semi-conductor giant Nvidia dragged down the market mood as the trading week began. The leading indices on the New York Stock Exchange went in different directions.
Nvidia fell again, down 6.7 per cent on Monday. The share has now lost over 13 per cent in the last three trading days.
Several oil companies performed strongly. Exxon Mobil rose 3 per cent while Chevron went up 2.6 per cent.
The Dow Jones industrial index rose 0.7 per cent, while the broad S&P 500 index fell 0.3 per cent and the technology-heavy Nasdaq composite index dropped 1.1 per cent.
Investors are now waiting for Friday's inflation report, seen as an important signal about whether there will be any further interest rate cuts this year. Later in the week, a range of interim reports are also expected, including from sport brand Nike and pharmacy chain Walgreens, which are expected to provide clues about household consumption.
