US stocks were mixed on Monday as the S&P 500 and Nasdaq Composite hovered near record highs, while the Dow Jones slipped slightly. The upcoming week holds key events that could shape the near-term outlook for interest rates, such as Federal Reserve Chair Jerome Powell's testimony and the release of the Consumer Price Index. Market sentiment remains optimistic for a September rate cut, with 75% of traders expecting one. In other news, Boeing pleaded guilty to charges related to the 737 Max crashes, while Tesla stock continued its impressive rally. Bitcoin struggled near the $56,000 level amidst selling pressure, while Paramount stock dropped after announcing a merger with Skydance Media. Semiconductor stocks boosted the Nasdaq, with Nvidia shares performing well after analysts increased price targets. Intel and Boeing drove the Dow higher, which rose over 200 points. Disney shares are also in focus after positive estimates from JPMorgan.