Update: US Equity Indexes Mixed Amid Steep Decline in Communication Services

MT Newswires Live00:52

(Updates with index/price moves and political/company news from the first paragraph.)

US equity indexes traded mixed amid steep declines in communication services and consumer discretionary in Monday's midday trading.

The Nasdaq Composite dropped 1.2% to 26,208.5, with the S&P 500 down 0.3% to 7,478.8, while the Dow Jones Industrial Average rose 0.4% to 51,774.9.

All sectors, except communication services, consumer discretionary, and technology, gained. Real estate and healthcare led the gainers. Communication services sank 4.5%, and consumer discretionary was down 1.9%.

Alphabet (GOOG, GOOGL) Google DeepMind data scientist and Nobel Prize winner John Jumper is leaving to join Amazon (AMZN) and Alphabet-backed Anthropic, he said Friday. Shares of Alphabet slumped 6% intraday.

In geopolitical news, US Vice President JD Vance said Monday that Iran agreed to allow International Atomic Energy Agency inspectors into the country, according to media reports. "That is a major milestone for the American people, and the first step in permanently denuclearizing or permanently ending a nuclear weapons program in Iran, and that's exactly what we wanted to do," Vance was cited as saying.

Front-month global benchmark North Sea Brent slumped 3.8% to $77.48 per barrel. The US West Texas Intermediate dropped 3.2% to $73.45 per barrel.

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Real estate and healthcare led the gainers. Communication services sank 4.5%, and consumer discretionary was down 1.9%.Alphabet (GOOG, GOOGL) Google DeepMind data scientist and Nobel Prize winner John Jumper is leaving to join Amazon (AMZN) and Alphabet-backed Anthropic, he said Friday. Shares of Alphabet slumped 6% intraday.In geopolitical news, US Vice President JD Vance said Monday that Iran agreed to allow International Atomic Energy Agency inspectors into the country, according to media reports. \"That is a major milestone for the American people, and the first step in permanently denuclearizing or permanently ending a nuclear weapons program in Iran, and that's exactly what we wanted to do,\" Vance was cited as saying.Front-month global benchmark North Sea Brent slumped 3.8% to $77.48 per barrel. The US West Texas Intermediate dropped 3.2% to $73.45 per barrel.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2645079111","isCrawlerRequest":true}