Stock Market Today: Dow Jones Trims Losses As Boeing Gains Amid Labor Vote; Nvidia Gains On This (Live Coverage)

Dow Jones, S&P 500 Slip as Tech Rout Continues

The Dow Jones Industrial Average fell 111 points, or 0.4%, on Monday as technology stocks sold off following a disappointing earnings report from Netflix. The S&P 500 Index dipped 0.6%, while the Nasdaq Composite Index lost 1.2%.

Boeing Gains as Machinists Union Approves New Contract

Boeing shares rose 2.6% on Monday after the International Association of Machinists and Aerospace Workers (IAM) union approved a new eight-year contract with the company. The contract includes a 12% wage increase and a $8,000 signing bonus for each worker.

Nvidia Gains on Data Center Strength

Nvidia shares gained 3.2% on Monday as investors cheered the company's strong data center business. Nvidia reported that revenue from its data center segment grew 80% in the first quarter, driven by demand for its artificial intelligence (AI) chips.

Other Market News

* **Tesla** shares fell 3.5% on Monday after the company delayed the launch of its new Model S Plaid+ electric car. * **Apple** shares rose 0.5% on Monday after the company announced a new partnership with Goldman Sachs to offer a credit card. * **Microsoft** shares fell 0.2% on Monday after the company reported disappointing earnings in its cloud computing business.

Looking Ahead

The Dow Jones Industrial Average is now down 2.6% for the year, while the S&P 500 Index is down 3.1%. The Nasdaq Composite Index is down 6.1% for the year. Investors will be watching closely for more earnings reports this week, including reports from Alphabet, Amazon, and Facebook. They will also be watching for any news on the trade war between the United States and China.