03:51 PM EDT, 06/25/2024 (MT Newswires) -- US benchmark equity indexes were mixed ahead of Tuesday's close as investors weighed remarks by Federal Reserve officials and the latest economic data.

The Nasdaq Composite was up 1.3% at 17,724.8, while the S&P 500 rose 0.4% to 5,469.9. The Dow Jones Industrial Average fell 0.7% to 39,123.2. Among sectors, technology led the gainers, followed by communication services. Real estate posted the steepest decline.

Fed Governor Michelle Bowman said the central bank's Federal Open Market Committee is not yet able to lower the policy rate. Policymakers should consider multiple scenarios and "remain cautious" about reducing interest rates too soon or too quickly, Bowman said.

Separately, Fed Governor Lisa Cook said the FOMC will tread carefully to observe incoming data and consider multiple outcomes for the economy when managing monetary policy.

The US 10-year yield fell 1.8 basis points to 4.23%, while the two-year rate was little changed at 4.73%.

The US consumer confidence index fell to 100.4 this month from a downwardly revised 101.3 in May, the Conference Board said. The consensus on Bloomberg was for a 100 print.

Manufacturing activity in the US mid-Atlantic region contracted more than expected in June amid steep declines in shipments and new orders, according to data released by the Richmond Fed.

Separately, the Chicago Fed said its national activity index swung to 0.18 in May from minus 0.26 the previous month.

West Texas Intermediate crude oil fell 1% to $80.79 per barrel.

FedEx ( FDX ) , Worthington Enterprises ( WOR ) and Progress Software ( PRGS ) are among the companies scheduled to report financial results after the closing bell.