The S&P 500 and Nasdaq rose to new all-time record highs on Monday, as tech stocks like Microsoft (MSFT  ), Netflix (NFLX  ) and Apple (AAPL  ) all jumped higher to boost much of the broader market. However, the Dow Jones Industrial Average slipped lower as Wall Street moves to close out August.

For market highlights, shares of Affirm Holdings (AFRM  ) rallied more than 46% on Monday after the buy now, pay later company announced its new partnership with Amazon (AMZN  ) after market close on Friday. Amazon's stock also rose by about 2%.

Here's how the market settled on Monday:

S&P 500 Index (SPY  ): +0.43% or +19.43 points to 4,528.00

Dow Jones Industrial Average (DIA  ): -0.16% or -55.96 points to 35,399.84

Nasdaq Composite Index (QQQ  ): +0.90% or +136.39 points to 15,265.89

Apple plans to expand classical music offering through Primephonic acquisition:

Apple announced Monday that it has acquired classical music streaming service Primephonic for undisclosed terms, adding to Apple Music's growing library of more than 75 million songs.

The tech giant said that it plans to launch a classical music-focused app next year that expands on Primephonic's existing user interface. Apple added that it plans to take Primephonic offline on Sept. 7, and current subscribers will get six month free of Apple Music.

In a letter posted Monday to its website, Primephonic said that the acquisition will help it serve more classical music listeners worldwide.

"As a classical-only startup, we can not reach the majority of global classical listeners, especially those that listen to many other music genres as well," the company said. "We therefore conclude that in order to achieve our mission, we need to partner with a leading streaming service that encompasses all music genres and also shares out love for classical music."

Pending homes decline for second straight month in July:

Pending home sales posted a second straight monthly decline in July, according to the National Association of Realtors report published Monday, as surging home prices continue to discourage new buyers from entering the market.

Contract-signings for homes declined by 1.8% in July compared to June, a few ticks below June's 2.0% monthly decline. Over last year, pending home sales dropped by 9.5% on an unadjusted basis.

"The moderate slowdown in sales is largely due to the huge spike in home prices," Lawrence Yun, chief economist for the National Association of Realtors, said in a press statement. "The midwest region offers the most affordable costs for a home and hence that religion has seen better sales activity compared to other areas in recent months."

Here's how benchmarks started trading after market open:

S&P 500 Index: +0.22% or +10.11 points to 4,519.48

Dow Jones Industrial Average: +0.05% or +16.67 points to 35,472.47

Nasdaq Composite Index: +0.35% or +55.05 points to 15,182.54