The New York stock exchange was weighed down on Monday by falling prices in some of the technology giants. Apple fell 2.8 percent, possibly as a result of reports of weak demand for the iPhone manufacturer's latest phone model. The semiconductor company Nvidia, another heavily weighted index share, fell 2.0 percent.
On the other hand, the software company Oracle rose, having already risen sharply last week. The share now rose a further 5.1 percent.
Boeing, where over 30,000 employees have been on strike for better wages since Friday, announced comprehensive cost cuts on Monday. Among other things, the aircraft manufacturer is stopping all new hires. The market reaction was moderate: the share fell 0.8 percent.
Overall, the leading indexes on Wall Street moved in different directions. The broad S&P 500 rose 0.2 percent and the Dow Jones industrial index increased 0.6 percent, while the technology-heavy Nasdaq fell 0.5 percent.
