US stocks close mixed, Nasdaq ends higher

The major US stock indices closed mixed on Monday, as Dow Jones and S&P 500 fell, while Nasdaq rose.

The US CPI will be released later this week, which have been showing signs of rising recently and been weighing down on US stocks and bond markets. 

US Treasury Secretary Janet Yellen said President Joe Biden's $4 trillion spending plan would be good for the US, even if it contributes to rising inflation and results in higher interest rates.

To the oil market, WTI crude July futures fell 0.6% or 39 cents, and closed at $69.23 a barrel, after hitting a high of $70 and a low of $68.6.

Brent August futures fell 0.6% or 40 cents, and closed at $71.49 a barrel, after hitting a high of $72.2 and a low of $71.1.

As for stocks, Dow Jones fell 0.3% or 126 points, and closed at 34,630, with a day high of 34,820, and a low of 34,574.

S&P 500 fell 0.1% or 3 points to 4,226, after hitting a high of 4,232 and a low of 4,215.

While Nasdaq rose 0.5% or 67 points to 13,881, with a high of 13,889 and a low of 13,784.