S&P 500, Nasdaq hit new highs despite caution ahead of earnings reports, FOMC meeting

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Monday was a mixed day for Wall Street.

The Dow Jones Industrial Average surrendered over 64 points while the S&P 500 and the tech-heavy Nasdaq gained ground to close at all-time highs.

Investors are awaiting big tech earnings reports details from this week's policy meeting of the Federal Reserve as well as key economic data such as July's employment numbers.