The Dow slipped 0.03% to 25,327, the S&P 500 rose 0.07%, and the Nasdaq gained 0.37%, with the index hitting an intraday high earlier in the session of 7,598.
Leading the Dow lower were Intel Corp. (INTC) and United Technologies Corp. (UTX) .
Stocks roared higher on Friday, March 9, after the U.S. added 313,000 new jobs in February, well above estimates and the biggest increase since mid-2016. The Dow closed up 440 points, or 1.77%, to 25,335. The S&P 500 gained 1.74%. The Nasdaq jumped 1.79% to close at a new record high of 7,560.
Andrew Liveris, DowDuPont Inc.'s (DWDP) executive chairman, will step down on April 1 and its co-lead director Jeff Fettig will assume the role, the company confirmed on Monday.
Liveris, 63 years old, will remain a director until July 1. Jim Fitterling will serve as CEO of the materials-science company, to be known as Dow, that is expected to be created when the breakup of DowDuPont takes place next year.
The stock rose 0.1% on Monday.
DowDuPont is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells the stock? Learn more now.
Goldman Sachs Group Inc. (GS) said Monday that David Solomon will serve as sole president and chief operating officer of the firm following the retirement of co-Chief Operating Officer Harvey Schwartz, effective April 20.
On Friday, it was reported that CEO Lloyd Blankfein planned to step down later this year, and possible successors included both Schwartz and Solomon.
Goldman shares were up 1.1%.
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Intel slightly downplayed a report in The Wall Street Journal that it was considering a possible bid for Broadcom Ltd. ( AVGO) .The chipmaker, in a statement to Reuters, said it wouldn't comment on "rumors or speculation," and that its focus was on integrating recent major acquisitions, such as Mobileye and Altera.
Broadcom shares rose 2.6% on Monday. Intel fell 1.9%.
Broadcom is a holding in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio. Want to be alerted before Cramer buys or sells AVGO? Learn more now.
Shares of Oclaro Inc. (OCLR) rose 26.7% to $9.95 after the optical components company agreed to be acquired by Lumentum Holdings Inc. (LITE) in a deal that values Oclaro at $9.99 a share.
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