The Dow Jones Industrial Average was trading lower Monday afternoon, hovering near session lows, after the index notched its first record close of 2025 on Friday. Meanwhile, the Nasdaq Composite rose.

Markets trade mixed on Monday, easing back after a strong rally that drove the Dow to a record close on Friday in the wake of Federal Reserve Chair Jerome Powell’s remarks at Jackson Hole.

Stock futures are pointing to a lower open on Monday as major indexes enter the final week of August on track for their fourth straight month of gains.