Stock Rally Wanes, But S&P 500 Closes Above 6,300: Markets Wrap

The start of a busy week for Corporate America saw stocks giving up most of their gains, with traders looking for signs of resilience in earnings amid tariff risks. Treasury yields fell alongside the dollar.

While the S&P 500 closed above 6,300 for the first time, the gauge rose just 0.1%. Energy shares joined a decline in oil. Chipmakers almost erased their advance as Nvidia Corp. slipped. Fellow megacaps Tesla Inc. and Alphabet Inc. will kick off the group’s earnings season this week. The stakes will again be high as investors look for updates on artificial-intelligence spending.

S&P 500 tops 6,300.

Photographer: Michael Nagle/Bloomberg

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