Key Takeaways

Major U.S. equities indexes were mostly lower at midday Monday amid concerns about tariffs and anticipation of this week's Federal Reserve decision on interest rates. The S&P 500 and Nasdaq fell, while the Dow gained.

Berkshire Hathaway ( BRK.A , BRK.B ) shares tumbled from an all-time high after legendary investor Warren Buffett said over the weekend that he would be stepping down as CEO at the end of the year.

Shares of Netflix ( NFLX ) also slid after President Trump announced a 100% tariff on movies made outside the U.S.

Tyson Foods ( TSN ) shares sank as the meat producer missed sales estimates and its outlook disappointed.

EQT ( EQT ) shares gained on an upgrade and price target increase from UBS, which pointed to the strong performance and outlook for the natural gas provider.

Shares of Newmont ( NEM ) and other gold miners climbed as the price of the precious metal, long viewed as a safe haven asset, rose.

Skechers ( SKX ) shares soared as the shoe maker agreed to be taken private by investment firm 3G Capital for about $9.4 billion.

Oil futures tumbled. The yield on the 10-year Treasury note advanced. The U.S. dollar lost ground to the euro, pound, and yen. Most major cryptocurrencies traded lower.

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