U.S. equities were mixed at midday Monday as most sectors gained, but tech stocks lost ground. The Dow was up about 1%, and the S&P 500 advanced, while the tech-heavy Nasdaq fell.

Target ( TGT ) shares rose as the retailer teamed with e-commerce platform Shopify ( SHOP ) to boost its online sales. Shopify shares edged lower.

Package delivery firm RXO ( RXO ) bought Coyote Logistics , the third-party, asset-light freight brokerage unit of UPS ( UPS ), for $1.025 billion, and shares jumped. UPS shares were higher as well.

Shares of Affirm ( AFRM ) took off after Goldman Sachs initiated coverage with a “buy” rating, calling the buy now pay later (BNPL) solutions provider “the leading provider of modern credit solutions for consumers.”

Last week’s selloff of Nvidia ( NVDA ) shares continued following the artificial intelligence (AI) chipmaker’s record-setting rally.

Shares of sleep apnea device maker ResMed ( RMD ) plunged after a study found Eli Lilly’s ( LLY ) weight-loss drug, Zepbound, reduced the severity of sleep apnea, potentially impacting ResMed’s sales. Eli Lilly shares climbed.

Shares of Netflix ( NFLX ) declined following reports the biggest streaming service is considering a completely free, ad-supported plan in order to boost the number of its subscribers.

Oil and gold futures gained. The yield on the 10-year Treasury note advanced. The U.S. dollar lost ground to the euro, pound, and yen. Prices for most major cryptocurrencies were lower.