The Dow Jones gained 0.02%, the Nasdaq index rose 0.01% and the S&P 500 index nibbled 0.07%.
"Nothing happened today, except for a handful of stocks that reacted to specific news," said Kim Forrest of Bokeh Capital Partners. "The market is waiting to see what the Fed will do."
Traders expect a status quo on Wednesday, after the meeting of the monetary policy committee of the institution. On the other hand, they do not rule out a final increase in the key rate, in November or December.
For the manager, signs of a slowdown in the US economy could outweigh the surge in inflation, mainly attributable to oil, and push the Fed to leave its rate unchanged until the end of the year.
After approaching a 15-year high, the yield on 10-year US government bonds eased on Monday, to 4.30%, against 4.33% Friday at the close.
Apple was the big winner of the day (+1.69%), helped by data on the delivery times of the iPhone 15 Pro Max, the most expensive model of the new generation of smartphones to the apple.
Morgan Stanley analysts noted that they were the longest in seven years, indicating strong demand. Pre-orders are up 10 to 12 percent from last year when the iPhone 14 launched, with an unexpected appetite in China, according to analysts at Wedbush Securities.
The historic strike in the automotive sector penalized General Motors (-1.80%), Ford (-2.14%) and Stellantis (-1.61%). Discussions are continuing, but without major progress.
These developments did not benefit Tesla (-3.32%), yet seen as one of the big winners of this social conflict, especially because the manufacturer does not have a union within it.
After a euphoric first day of trading (+24.69%), Thursday, the designer of microprocessors Arm struggles to find a second wind. Sharply down on Friday (-4.47%), it lost another 4.53% on Monday. In electronic trading after Wall Street's close, it was still dropping nearly 5%.
According to the Sunday Telegraph, another British specialist in semiconductor architecture, Imagination Technologies, has confidentially filed its IPO file in New York, inflicting a new setback to the London market.
It's another crucial week ahead on the IPO front, with groceries delivery platform Instacart expected to arrive on Tuesday and online marketer Klaviyo later.
The irresistible rise in crude oil prices, to the highest in ten months, played for oil companies, from ExxonMobil (+0.81%) to Chevron (+0.43%).
Pfizer was sanctioned (-1.26%), after its chief financial officer, David Denton, revealed that the laboratory expected a vaccination rate of 24% to the new anti-Covid version in the United States, a forecast considered disappointing.
Moderna, whose new vaccine was also approved by the US Food and Drug Administration (FDA), suffered even more (-9.12%).
The manufacturer of electric trucks Nikola was propelled (+33.61%) by the announcement of the arrival of a new financial director, known in the sector because she moved to General Motors.
© 2023 AFP