S&P 500 Index hits new all-time high, closes in on 4,300

• Wall Street's main indexes trade mixed on Monday.
• S&P 500 and Nasdaq Composite both notched new record highs.
• Energy stocks underperform pressured by falling crude oil prices.

Major equity indexes in the US started the new week mixed amid a lack of significant fundamental drivers. As of writing, the S&P 500, which renewed its record high at 4,288, was posting small daily losses at 4,277 and the Dow Jones Industrial Average was losing 0.4% at 34,303. Finally, the Nasdaq Composite is trading at a new all-time high of 14,455, rising 0.66%.

Among the 11 major S&P 500 sectors, the Technology Index is rising nearly 1% after the opening bell. On the other hand, the Energy Index is losing 2.7% pressured by a 1% decline seen in US crude oil prices.

Nasdaq (NDX, QQQ) still trending higher with no signs of panic, but RSI needs attention.

There won't be any macroeconomic data releases from the US in the remainder of the day and investors will keep a close eye on developments surrounding US President Joe Biden's infrastructure bill. Earlier in the day,  US Senate Minority Leader Mitch McConnell called on President Biden to get congressional democrats to delink the bipartisan infrastructure deal from the reconciliation plan.

S&P 500 chart (daily)