- Wall Street's main indexes trade mixed on Monday.
- L Brands Inc (LB) General Motors Co (GM) stocks post strong daily gains.
- Airline and energy shares struggle to find demand.
Major equity indexes in the US are trading mixed on Monday as investors remain focused on the US political headlines and fresh developments surrounding US-China relations. As of writing, the S&P 500 Index (SPX) was up 0.35% on a daily basis at 3,385.
S&P 500 top movers
Despite a lack of company-specific headlines, L Brands Inc (LB) is the top performer on Monday. As of writing, LB was up 8.75% on a daily basis at $28.85. On Wednesday, August 19th, the company is scheduled to release its second-quarter earnings.
Meanwhile, General Motors Co (GM) and NVIDIA Corp (NVDA) shares both gain more than 7% on the day. Earlier in the day, Oppenheimer and Susquehanna raised their price targets for NVDA.
On the other hand, energy and airlines shares are among the biggest losers on Monday. At the moment, Occidental Petroleum Corp (OXY), American Airlines Group Inc (AAL), Baker Hughes Co (BKR) and United Airlines Holdings Inc (UAL) shares are down between 4.15% and 5.25%.
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