Stock market today: Nasdaq clinches record close, JPMorgan drags down Dow

News Snapshot:

US stocks titled higher on Monday as the Nasdaq Composite (^IXIC) clinched a record close buoyed by shares of Nvidia (NVDA) ahead of the chipmaker's highly anticipated earnings later this week. The broader S&P 500 (^GSPC) index rose 0.1% while the Dow Jones Industrial Average (^DJI) dipped below 40,000, weighed by a drop in JPMorgan (JPM) shares. The blue-chip benchmark dropped 0.5% following a record close on Friday. Stocks have gained as investors become more optimistic that the Federal Reserve will soon cut interest rates, despite words of caution from policymakers. Even one of Wall Street's biggest bears has lifted...