Dow Jones, S&P 500 book fifth straight close at record highs

U.S. stock indexes finished mixed Monday as the Dow Jones Industrial Average and the S&P 500 battled to record highs for a fifth straight day, reversing sharp losses seen early in the session. 

The Dow Jones Industrial Average gained 108 points, or 0.31%, while the S&P 500 rose 0.26% and the Nasdaq Composite slid 0.2%. The Dow was down as many as 283 points at its worst level of the day.  

Ticker	Security	Last	Change	Change %
I:DJI	DOW JONES AVERAGES	44296.51	+426.16	+0.97%
SP500	S&P 500	5969.34	+20.63	+0.35%
I:COMP	NASDAQ COMPOSITE INDEX	19003.651134	+31.23	+0.16%

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In stocks, concerns over the spreading COVID-19 delta variant bogged down airlines, cruise ship operators and other travel-related names. 

Ticker	Security	Last	Change	Change %
DAL	DELTA AIR LINES INC.	63.30	-0.03	-0.05%
CCL	CARNIVAL CORP.	24.88	-0.46	-1.82%
NCLH	NORWEGIAN CRUISE LINE HOLDINGS LTD.	26.84	+0.11	+0.41%

Tesla Inc. shares were lower after the National Highway Traffic Safety Administration announced a formal investigation into 11 accidents that involved the electric-car maker's Autopilot feature. The probe will look into 765,000 Tesla Model Y, X, S and 3 vehicles from model years 2014-2021. 

Ticker	Security	Last	Change	Change %
TSLA	TESLA INC.	352.56	+12.92	+3.80%

Meanwhile, China-linked names, including Alibaba Group, JD.com Inc. and Baidu Inc., were under pressure after retail sales and industrial production data in the country slowed sharply. 

Ticker	Security	Last	Change	Change %
BABA	ALIBABA GROUP HOLDING LTD.	83.19	-2.38	-2.78%
JD	JD.COM INC.	34.68	-0.70	-1.98%
BIDU	BAIDU INC.	80.33	-1.30	-1.59%

Elsewhere, T-Mobile US Inc. shares were lower after the telecom-services provider said it was investigating claims made on an online message board that more than 100 million customers were victims of a data breach.   

Ticker	Security	Last	Change	Change %
TMUS	T-MOBILE US INC.	238.28	+1.70	+0.72%

And Apple notched higher, despite weakness in broader technology stocks, closing at $151.12 per share.

Ticker	Security	Last	Change	Change %
AAPL	APPLE INC.	229.87	+1.35	+0.59%

In deals, Hyatt Hotels Corp. agreed to buy resort company Apple Leisure Group from private-equity firm KKR & Co. and travel and leisure investor KSL Capital Partners for $2.7 billion in cash.

Ticker	Security	Last	Change	Change %
H	HYATT HOTELS CORP.	156.27	+0.42	+0.27%

U.S.-listed Australian miner BHP Group is in talks to sell its oil and gas business to Australia-based Woodside Petroleum in an all-stock deal. 

Ticker	Security	Last	Change	Change %
BHP	BHP GROUP LTD.	52.36	+0.36	+0.69%

In earnings, Sweden-based oat milk producer Oatly Group AB reported mixed quarterly results but forecast full-year revenue ahead of Wall Street estimates. 

Ticker	Security	Last	Change	Change %
OTLY	OATLY GROUP AB	0.73	+0.02	+3.38%

Walmart Inc., Target Corp. and Home Depot Inc. are among the other companies set to release their quarterly results this week. 

Ticker	Security	Last	Change	Change %
WMT	WALMART INC.	90.44	+2.04	+2.31%
TGT	TARGET CORP.	125.01	+3.42	+2.81%
HD	THE HOME DEPOT INC.	420.00	+9.62	+2.35%

In commodities, West Texas Intermediate crude oil declined $1.15 to $67.29 a barrel and gold edged up $11.70 to $1,786.90 an ounce. 

Overseas markets were broadly lower. 

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European bourses were weaker across the board with Britain’s FTSE 100 losing 0.9%, France’s CAC 40 falling 0.83% and Germany’s DAX 30 dropping 0.32%. 

In Asia, Japan’s Nikkei 225 and Hong Kong’s Hang Seng index slid 1.62% and 0.8%, respectively, while China’s Shanghai Composite ticked up 0.03%.