Stock market today: Nasdaq touches new record, Dow struggles to top 40,000 again

News Snapshot:

US stocks tilted higher on Monday as the Nasdaq Composite (^IXIC) touched new intraday highs and the Dow Jones Industrial Average (^DJI) dipped below 40,000 after closing above the landmark level for the first time on Friday. The S&P 500 (^GSPC) rose 0.3%, and the Dow wavered around the flatline in the wake of the blue-chip benchmark's record close on Friday. The tech-heavy Nasdaq Composite climbed about 0.6% as Nvidia (NVDA) shares gained ahead of the chipmaker's highly anticipated earnings later this week. Stocks have gained as investors become more optimistic that the Federal Reserve will soon cut interest rates,...