The technology-heavy index closed at 5,901.53, little changed from the previous session’s close. The gauge opened slightly lower and was down as much as 0.2% during the day.
A total of 1,128 Nasdaq companies rose on Monday, versus 1,176 decliners.
Meanwhile, 158 companies reported new highs on Monday, compared to 43 that saw new lows.
The Nasdaq Biotechnology Index rose 0.5% to 3,101.28 on Monday, snapping two consecutive declines.
Wall Street’s other major indexes finished mixed-to-lower on Monday. The large-cap S&P 500 Index ended down 0.2%. The Dow Jones Industrial Average pared losses to end flat.
Federal Reserve Bank of Chicago President Charles Evans said on Monday that the U.S. economy is gaining momentum and that interest rates were on track to rise two more times this year. Evans was a voting member of the Federal Open Market Committee (FOMC) policy board that selected to raise rates by last week. Rates have risen in two of the Fed’s last three policy meetings.
A parade of central bank speakers will make headlines this week, including Chair Janet Yellen, giving investors plenty of talking points for speculation.
Regional Fed presidents Eric Rosengren (Boston), William Dudley (New York), Esther George (Kansas), Neel Kashkari (Minneapolis) and Robert Kaplan (Dallas) are all in tap in the coming days.
Nasdaq Composite Index