Wall Street finished the session with mixed results as investors adopted a cautious stance ahead of a pivotal week for corporate earnings and monetary policy.
The market's focus is squarely on upcoming reports from major technology companies, particularly those central to the artificial intelligence boom, while traders also brace for the Federal Reserve's interest rate decision scheduled for Wednesday.
The semiconductor sector faced continued pressure, with the chip index adding to its recent losses.
This weakness in technology weighed on broader sentiment, contrasting with relative resilience in other parts of the market.
The divergence highlights the ongoing rotation between growth-oriented tech names and more defensive or industrial sectors as investors reassess risk ahead of the central bank's move.
The upcoming earnings reports from AI-heavyweights are expected to provide crucial signals on the sustainability of the sector's growth trajectory and capital expenditure cycles.