The S&P 500 was relatively unchanged Monday following a strong week for the major averages that drove them to fresh record highs.
The Dow Jones Industrials lost 46.61 points to begin the week at 46,268.66.
The much-broader index squeezed ahead 6.82 points to 6,671.18
The tech-heavy NASDAQ gained 56.99 points to 22,688.47.
Stocks were kept in check by the growing risk of a government shutdown. Last week, the Senate rejected Republican and Democratic proposals at least temporarily to fund the federal government.
Senate Democratic Leader Chuck Schumer has since urged President Donald Trump to meet with Democrats to strike a deal.
These developments come as the deadline for lawmakers to fund the government is Sept. 30.
The stock market is coming off a solid weekly advance, with the three major indexes hitting all-time highs.
Pfizer gained ground after an announcement it would buy Metsera for $4.9 billion in cash. The deal is expected to close in the fourth quarter. Pfizer shares ticked 61 cents, or 2.5%. higher to $24.64.
Prices for 10-year Treasury faded slightly Monday, pushing yields up to 4.14% from Friday’s 4.13%. Treasury prices and yields move in opposite directions.
Oil prices dipped 45 cents to $62.23 U.S. a barrel.
Gold prices surged $47.40 to $3,753.20 U.S. an ounce.
