Dow rallies to start week | S&P 500 nears all-time high | Mnuchin open to restarting talks

The Dow Jones Industrial Average rallied on Monday as gains in economically sensitive stocks offset losses from mega-cap tech stocks like Microsoft.

VIEW IN BROWSER | SUBSCRIBE MON, AUG 10, 2020 EVENING BRIEF AS OF MON, AUG 10, 2020 • 04:34 ET DJIA 27791.44 +1.30% +357.96 S&P 500 3360.47 +0.27% +9.19 NASDAQ 10968.36 -0.39% -42.63   Most Active DOW NAME LAST CHG %CHG AAPL 450.91 +6.46 +1.45% INTC 49.22 +1.19 +2.48% MSFT 208.25 -4.23 -1.99% S&P 500 NAME LAST CHG %CHG AAL 14.00 +0.97 +7.44% GE 6.67 +0.27 +4.22% MGM 21.65 +2.62 +13.77% NASDAQ NAME LAST CHG %CHG AAL 14.00 +0.97 +7.44% AMD 82.24 -2.61 -3.08% AAPL 450.91 +6.46 +1.45%   EDITOR'S NOTE Can the S&P 500 make it to its February record without Big Tech's help?   The broader market index came within 1% of reaching its all-time high on Monday. It may have made it on Monday, but Facebook, Amazon, Netflix and Microsoft declined. The major tech-related names have contributed the lion's share of the S&P 500's gains since the late-March bottom, benefiting from more people staying at home due to the coronavirus pandemic.   But this outperformance by Big Tech has also led to concerns of overconcentration, which could lead to trouble for the broader market if those few stocks start underperforming. Big Tech currently accounts for roughly a quarter of the S&P 500's total market cap, FactSet data shows. Monday's session also featured strong performances from some of the more beaten-down areas of the market, which could be a sign of broader participation moving forward.    Energy and industrials — two of the worst-performing sectors of the S&P 500 this year — outperformed with gains or more than 2%. Boeing and Caterpillar, two stocks seen as bellwethers for the global economy, contributed to the Dow Jones Industrial Average's rally along with JPMorgan Chase and Nike.   Monday's mixed performance came as lawmakers in Washington tried to make inroads on a new coronavirus stimulus package. Treasury Secretary Steven Mnuchin told CNBC's "Squawk on the Street" that he was open to resuming deal talks with Democrats, noting, "We're prepared to put more money on the table" for the package.   Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. Fred Imbert | CNBC Markets Reporter @foimbert TOP NEWS  Dow jumps 350 points to start week, S&P 500 inches closer to all-time high Mnuchin is open to restarting virus relief talks: 'We're prepared to put more money on the table' Airline shares surge as TSA numbers hit pandemic high, support for second bailout builds McDonald's sues former CEO Easterbrook, alleges he lied about relationships he had with workers Kodak shares tank as government loan is put on pause while allegations investigated This growth fund's top 5 holdings have all more than doubled this year Simon shares jump on reported talks with Amazon. But converting stores to warehouses may face hurdles MGM Resorts shares rise after $1 billion investment from Barry Diller's IAC Nikola shares surge as much as 22% on garbage truck order for Republic Services SpaceX is manufacturing 120 Starlink internet satellites per month   TOP VIDEO Royal Caribbean CEO: There's pent-up demand for cruises from past customers   CNBC PRO Goldman raises economic growth outlook as it sees a vaccine approval this year   SPECIAL REPORTS After Uber reports plummeting rides, traders look ahead to Lyft earnings ETF inflows pace for a record year. What it could mean for the market   Unsubscribe Manage Newsletters Terms of Service Join the CNBC Panel Digital Products Feedback Privacy Policy   © 2020 CNBC LLC. All rights reserved. A property of NBCUniversal. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632 Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes and Market Data and Analysis. Data also provided by THOMSON REUTERS