22.09.202513:36:54UTC+00US Stocks Retreat from Records

On Monday, U.S. stocks experienced a downturn, with the S&P 500 and Nasdaq each slipping by 0.1%, while the Dow Jones fell by nearly 165 points following their record-closing highs last Friday. Market participants continued to reevaluate the Federal Reserve's policy direction in light of last week's interest rate reduction, ahead of several scheduled speeches by key officials including Fed Chair Jerome Powell this week. Investor sentiment faced additional pressure from President Trump's proposed visa reforms, notably a $100,000 application fee for the frequently utilized H-1B visa program. This measure could substantially increase operational expenses for companies, particularly those in the technology sector. Among the sectors, financials and energy were the poorest performers, while technology and communication services managed to remain in positive territory. Within the large-cap stocks, most experienced declines: Nvidia fell by 0.4%, Microsoft by 0.6%, Amazon by 1%, Meta edged up by 0.6%, and Broadcom decreased by 0.3%. However, Apple and Tesla defied the overall market trend with gains of 1.9% and 2.2%, respectively.