Metals rally, Nasdaq hits a high: Market takeaways

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It was another busy day on Wall Street, with investors closely keeping an eye on earnings reports. Stocks ended the day mixed (^DJI,^GSPC, ^IXIC), with the Nasdaq closing at a record high. Another big mover was metals, with gold (GC=F) reaching a new record high. All eyes are on Nvidia (NVDA), though. Investors seem to be on pause while they await the chip company's quarterly results on Wednesday after the market close.

Yahoo Finance's Alexandra Canal shares her trading takeaways for Monday, May 20.

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.

This post was written by Stephanie Mikulich.