Major stock markets in the United States closed lower on Monday, as the White House indicated its support for passing the Build Back Better Act by Christmas.
Meanwhile, US President Joe Biden is expected to announce his nominations for the Federal Reserve soon. In business, Apple Inc. is reportedly being probed over whistleblower retaliation.
The Dow Jones closed 0.89% in the red, with Boeing losing 3.74%. The Nasdaq 100 finished 1.53% lower. The S&P 500 was down by 0.91% at the end of the day. Nvidia saw the largest fall on both indices, dropping 6.75%. The euro was flat against the dollar trading for $1.12830 at 4:01 pm ET.
