Stock market news live updates: Stocks end mixed as tech shares come under renewed pressure: Nasdaq drops 1.2%

Stock market news live updates: Stocks end mixed as tech shares come under renewed pressure: Nasdaq drops 1.2%

U.S. stocks ended mixed on Monday, with equities struggling for direction as concerns over the growth outlook persisted amid elevated inflation.

The S&P 500 ended a choppy session lower, dropping 0.4% to close at 4,008.01.The Nasdaq dropped by 1.2% to end at 11,662.79, as mega-cap technology companies including Apple (AAPL) fell and dragged the index lower. The Dow Jones Industrial Average closed slightly higher to reach 32,223.42.

U.S. crude oil prices (CL=F) erased earlier losses and rose…


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