Now, Wall Street is bracing for Nvidia earnings, which land Wednesday after the bell. Expectations for its results are sky-high, with the company's stock up almost 34% so far this year, even as restrictions on chip sales to China have possibly cost the company billions.

Investors kick off trade after stocks ended last week with a rally following Fed Chair Jerome Powell's signal that the door is open to a rate cut in September

Wall Street finished lower on Monday, retreating after a mostly mixed session. The pullback followed Friday’s strong rally, which had lifted the Dow to a record close after Federal Reserve Chair Jerome Powell’s remarks at Jackson Hole.