After struggling for direction amid lower trading volumes, US stocks finished the day little changed even as the Nasdaq Composite matched its longest winning streak since May.
The S&P 500 ended flat at 2,459.14 with utilities leading the benchmark index, up 0.4 per cent and healthcare lagging behind, down 0.3 per cent. Meanwhile, the Dow Jones Industrial Average was also little changed, down 0.04 per cent to 21,629.72. The Nasdaq Composite inched ahead with a 0.03 per cent advance to 6,314.42 — in its seventh consecutive day of gains.
Wall Street stayed at record levels but investors appeared to move to the sidelines on Monday as investors await earnings this week from nearly 70 companies listed on the S&P 500 and monetary policy decisions from the European Central Bank and the Bank of Japan.
Elsewhere, yields on the US 10-year, which move inversely to price, were down 2 basis points to 2.312 per cent.