U.S. stocks showed mixed performance on Monday as investors awaited key economic data to determine the future of Federal Reserve interest rate cuts. The Dow Jones rose 0.9%, the S&P 500 gained 0.3%, and the Nasdaq Composite fell 0.2%. Market attention is on the personal consumption expenditures price index release on Friday, which could indicate a softening of inflation, a factor the Fed and investors are monitoring closely. Additionally, GDP data on Thursday could influence the decision on rate cuts. Nvidia shares continued to decline following a recent slide, while the chip sector could see movement upon Micron's quarterly results release. Bitcoin also saw a drop to around $61,000, affecting shares of Robinhood Markets and Coinbase Global. Despite semiconductor stocks dragging down the Nasdaq and S&P 500, the Dow and S&P 500 saw gains last week.