Wall Street held a choppy trading session on Monday as investors were focused on the partial economic reopening in the United States as well as more tensions between China and the U.S. heightening in response to the coronavirus pandemic. Despite the rocky economic footing posed by the pandemic, gains from big tech--Facebook (FB  ), Apple (AAPL  ), Amazon (AMZN  ), Netflix (NFLX  ), and Microsoft (MSFT  )--and crude oil futures helped support the broader market.

Here's how the market closed on Monday:

S&P 500 Index (SPY  ): +0.42% or +12.03 points to 2,842.74

Dow Jones Industrial Average (DIA  ): +0.11% or +26.07 points to 23,749.76

Nasdaq Composite Index (QQQ  ): +1.23% or +105.77 points to 8,710.71

In Major Stock News, U.S. Airlines--American (AAL  ), Delta (DAL  ), Southwest (LUV  ), United (UAL  )--lost again, this time due to Warren Buffet announcing over the weekend that Berkshire Hathaway (BRK.A  ) has sold all of its airline holdings because of the pandemic. The company had invested more than $4 billion across airline stocks. Carnival Cruise Line (CCL  ) announced on Monday that it will be resuming its North American services with a phased re-launch beginning August 1. The relaunch will start with eight ships from Miami, Port Canaveral and Galveston. However, the company disclosed that all other North American and Australian cruises will continue to be canceled through August 31.

In Stock Sector News, most sectors posted positive performance on Monday despite early session declines. The sectors that gained in Monday's market include Energy +3.71%, Information Technology +1.42%, Utilities +0.75%, Consumer Discretionary +0.69%, Materials +0.40%, Communication Services +0.32%, Health Care +0.07% and Consumer Staples +0.01%. The rest that dipped in performance were Industrials -1.33%, Financials -0.92% and Real Estate -0.01%.

In Commodity and Currency News, crude oil prices rose as June contracts increases on economic reopening hopes. West Texas Intermediate (USO  ) increased over 3% to close at $20.39 per barrel, and Brent Crude (BNO  ) gained almost +2.9% to settle at $27.20 per barrel. As international tensions continue to develop, safe havens like Gold (GLD  ) and the U.S. Dollar (UUP  ) increased on Monday. Gold's price gained +0.65% to $1,711.90 per ounce and the DXY Index increased +0.44%.

As the market moves into Tuesday trading, participants will focus on more coronavirus headlines as well as U.S. economic data releases like U.S. trade deficit, IHS Markit's services PMI and ISM non-manufacturing PMI.