US Markets Dip on Monday Despite Oil Boost and Tech Unveilings

1 min read
Source: Investor's Business Daily
US Markets Dip on Monday Despite Oil Boost and Tech Unveilings
Photo: Investor's Business Daily
TL;DR Summary

The Dow Jones Industrial Average fell despite Apple unveiling new products, including a VR headset and its new iOS 17 operating system for iPhones. Cathie Wood's Schrodinger stock soared after she sold shares. Palo Alto Networks was a top performer after being included in the S&P 500. The Nasdaq lost 0.1%, while the S&P 500 finished 0.2% lower. Small caps lagged badly, with the Russell 2000 plunging 1.2%. DexCom, Kinsale Capital, and Fortinet are nearing entries.

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