02:09 PM EDT, 05/28/2024 (MT Newswires) -- US benchmark equity indexes were mixed intraday, with Nvidia ( NVDA ) helping the Nasdaq Composite break above the 17,000 level for the first time.

The technology-heavy Nasdaq was up 0.6% at 17,014.8 after midday Tuesday, while the Dow Jones Industrial Average fell 0.6% to 38,832.3. The S&P 500 was little changed at 5,304.5. Among sectors, tech led the gainers, while health care saw the steepest decline.

Markets were closed Monday for the Memorial Day holiday.

Nvidia ( NVDA ) shares were up 7.4% intraday, the top performer on the S&P 500 and the Nasdaq. On Wednesday, the chipmaker posted fiscal first-quarter results that surpassed Wall Street's estimates as demand for generative artificial intelligence drove record data-center revenue.

Vistra ( VST ) was the second-top gainer on the S&P 500 intraday Tuesday, up 4.9%, as Morgan Stanley adjusted its price target on the stock to $110 from $86 while maintaining its overweight rating.

Moderna ( MRNA ) shares were down 10%, the steepest decline on the S&P 500 and the Nasdaq.

Later in the week, major corporations and retailers such as Salesforce ( CRM ) , Costco Wholesale ( COST ) , Marvell Technology ( MRVL ) , Dollar General ( DG ) , Best Buy ( BBY ) , Burlington Stores ( BURL ) , Dick's Sporting Goods (DKS) and Abercrombie & Fitch ( ANF ) are scheduled to report their latest financial results.

The US 10-year yield rose 6.3 basis points to 4.54% intraday, while the two-year rate added 2.1 basis points to 4.97%.

Minneapolis Fed President Neel Kashkari said the probability of policymakers increasing their benchmark lending rate is "quite low, but I don't want to take anything off the table," Bloomberg News reported. "I don't think anybody has totally taken rate increases off the table," Kashkari reportedly said.

West Texas Intermediate crude oil rose 2.7% to $79.70 per barrel intraday.

In economic news, US home prices rose in March both sequentially and annually amid growth in the 10- and 20-city composites, S&P Global ( SPGI ) division S&P Dow Jones Indices said.

"This month's report boasts another all-time high," said Brian Luke, head of commodities, real and digital assets at S&P Dow Jones Indices. "We've witnessed records repeatedly break in both stock and housing markets over the past year."

Separately, the Federal Housing Finance Agency said US home prices ticked up 0.1% on a seasonally adjusted basis in March, following the previous month's 1.2% gain. The consensus was for a 0.5% rise in a survey compiled by Bloomberg.

Gold was up 1% at $2,356.90 per troy ounce, while silver soared 5.5% to $32.15 per ounce.