The Dow Jones Industrial Average started lower on Monday, primarily impacted by a decline in Boeing (NYSE:BA) shares due to the grounding of some of its jets. However, megacap stocks lifted both the S&P 500 and the Nasdaq.
At the open, the Dow Jones Industrial Average dropped by 138.74 points or 0.37%, reaching 37,327.37. In contrast, the S&P 500 began higher, rising by 6.46 points or 0.14% to 4,703.70. The Nasdaq Composite also saw gains at the opening bell, climbing 40.39 points or 0.28% to 14,564.47.