The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 25,495 level, a discount of nearly 44 points from the Nifty futures’ previous close.

Newly added IBD SwingTrade r name Palantir Technologies bucked a losing trend and bolted more than 3% higher on the stock market today. Shares are extended from a late-stage cup-with-handle base with a 125.25 buy point. Shares have climbed around 82% so far this year.

The S&P 500 and Dow Jones Industrial Average edged lower on Monday after US President Donald Trump's announced tariffs on Japan and South Korea. S&P 500 declined 0.83%, whereas the tech-heavy Nasdaq Composite and Dow Jones was down 0.