03:52 PM EDT, 08/25/2025 (MT Newswires) -- US equity indexes traded mixed heading into the close on Monday amid gains in both government bond yields and the dollar.
The Dow Jones Industrial Average fell 0.7% to 45,329.2 after hitting a record high on Friday, and the S&P 500 declined 0.2% to 6,451.1. The Nasdaq Composite rose less than 0.1% to 21,508.5, just off session highs. All sectors except communication services, consumer discretionary, technology, and energy fell intraday. Consumer staples and healthcare led the decliners.
US Treasury yields rebounded, with the 10-year yield up 2.3 basis points to 4.28% and the two-year rate 4.4 basis points higher at 3.73%.
The ICE US Dollar Index jumped 0.8% to 98.51.
West Texas Intermediate crude oil futures surged 1.6% to $64.66 a barrel.
Index heavyweight Nvidia ( NVDA ) is likely to report record Q2 results amid robust demand for data center processors and its Blackwell generative artificial intelligence system, Tigress Financial Intelligence said in a note. Shares of the graphics processing unit manufacturer were up 1.7% in the final hour of trading, among the top gainers on the Dow and the Nasdaq.
Wall Street is gearing up for what Tigress described as the most closely watched quarterly earnings of the season, due out after the market closes on Wednesday. Shares of Nvidia ( NVDA ), which last month became the first public company in the world to reach $4 trillion in market capitalization, have surged 35% so far this year.