The S&P 500 (^GSPC) — up 0.24% — and the Nasdaq Composite (^IXIC) — up by nearly 1% — close Monday's session at record highs. The Dow Jones Industrial Average (^DJI) ended the trading day almost 0.3% lower.

Market Domination Overtime Julie Hyman and Yahoo Finance markets and data editor Jared Blikre recap the day's market action, noting how the tech sector is reacting to Intel (INTC) CEO Pat Gelsinger's sudden departure from the company and the Biden administration's export controls against Chinese AI chipmaking tools.

To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

This post was written by Luke Carberry Mogan.