AI stocks stall as bond market weighs on Wall Street
The Nasdaq fell 0.65% Monday as technology shares slid, with chip stocks retreating ahead of Nvidia’s earnings. Oil prices rose and Treasury yields stayed near recent highs, keeping inflation concerns in focus. NextEra and Dominion Energy announced a $66.8 billion merger, sending Dominion up 10%. Regeneron shares dropped after its melanoma drug missed a key trial goal.