(CNBC) — U.S. stocks closed mixed on Monday, after the Dow Jones industrial average hit a new all-time high, as investors evaluated the prospects of economic growth following Donald Trump's presidential election win.
"Investors clearly are optimistic because they are moving out of things that have worked great, and predictably, into things that haven't worked lately," said Kim Forrest, senior equity analyst at Fort Pitt Capital. "Investors should keep an eye out for an policy changes that may take place sooner rather than later."
The Dow chopped around the flatline, trying to complete a six-day winning streak, with Goldman Sachs contributing the most gains and Visa the most losses. The S&P 500 fell 0.05 percent, with a 1.5 percent fall in information technology offsetting a 2 percent gain in real estate. The Nasdaq composite lagged, slipping 0.4 percent as Apple and the so-called FANG stocks (Facebook, Amazon, Netflix and Google's parent firm Alphabet) all fell.
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