The stock market round-tripped big initial gains as AI plays such as Nvidia retreated. Carvana soared late on earnings.
The Dow Jones Industrial Average rose 0.2%, and the Nasdaq composite lost 0.3%. The Nasdaq composite fell 52.34 points, or 0.3%, to 15,605.48. The Russell 2000 index of smaller companies rose 6.32 points, or 0.3%, to 1,980.23.
Dow Jones faltered in early trades ahead of the Fed meet on Wednesday. Super Micro plunged on earnings as Nvidia fell below a key level.