The Dow Jones index dipped on the stock market today. President Trump spoke on tariffs. Tesla popped after Elon Musk touted an AI deal. Cathie Wood bought a diving stock.

Major stock indexes edged higher Monday to kick off what will be an extraordinarily busy week of news for financial markets.

Dow Jones Industrial Average trades at 44,901.92, approaching record territory. S&P 500 hits new highs amid Japan trade deal, strong earnings, and Fed stability.

Dow Jones is losing ground as traders take profits near historic highs. Nike, which is up by 3.8%, is the biggest gainer in the Dow Jones index today. The stock rallied as JP Morgan upgraded Nike from Neutral to Overweight.

AM Eastern Time, the S&P 500 was virtually unchanged, the Dow Jones Industrial Average was down less than 0.1%, and the Nasdaq Composite was 0.2% higher.

Nasdaq 100, S&P 500, Dow Jones Industrial Average, Dow Jones Futures. Read 's Market Analysis on Investing.com

The successor to the first stock market index is getting up there with the S&P 500 and the Nasdaq Composite in all-time-high territory.

Overnight, Wall Street's Dow Jones index fell 0.70% in a sign that sellers were looking to re-establish their dominance at 45,000, the horizontal resistance identified by highs reached in December and January. A potential bearish reversal from here could sour sentiment in the crypto market.

Firefly on Monday said it plans to sell 16.2 million shares at between $35 and $39 apiece in the IPO. At the $37 midpoint of that range, the Cedar Park, Texas, company said it expects net proceeds of about $557.8 million, or roughly $643 million if the underwriters exercise their option to buy an additional 2.43 million shares.

The Dow Jones index fell Monday despite the U.S.-European Union trade deal. President Trump spoke on tariffs. Nvidia stock rallied to a new high.