Mumbai, May 15 -- The Dow slumped 89.37 points (0.21%) to finish at 42,051.06 while the NASDAQ rallied 136.72 points (0.72%) to close at 19,146.81 and the S&P 500 rose 6.03 points (0.10%) to end at 5,892.58.

Recent trade deals between the US, China and the U.K. have slightly eased worries about President Trump's trade policies. However, uncertainty still lingers over the market's future direction. Traders remain cautious, awaiting key U.S. economic data due Thursday, including retail sales and industrial output. Attention is also focused on an upcoming speech by Federal Reserve Chair Jerome Powell.

Major sectors show modest moves while gold stocks moved sharply lower along with the price of the precious metal, dragging the NYSE Arca Gol...