Stocks Mixed as Dow Drops 200 Points, Nasdaq Gains Slightly; Home Depot Falls on Acquisition, 3M Jumps on Settlement

Stocks closed mixed Monday, with the Dow Jones dropping over 200 points while the Nasdaq managed a slight gain. Yields continued rising, weighing on stocks.

Home Depot stock fell over 4% and tested its 50-day moving average after announcing a $18B acquisition last week.

3M stock jumped 6% on final approval of its $12.5B settlement and separation of its health care unit.

Bitcoin-related stocks like CleanSpark and MicroStrategy sold off as Bitcoin's price retreated slightly.

Alphabet stock broke out of a cup base, closing up 3% and in the 5% buy zone.