The Globe and Mail reports in its Tuesday edition that Nasdaq ended more than 1 per cent higher and the S&P 500 also rose on Monday, with shares of Nvidia jumping on investor optimism ahead of its earnings this week. A Reuters dispatch to The Globe says that the Dow and the S&P/TSX Composite Index ended slightly in the red. The yield on 10-year Treasury notes hit highs last seen during the financial crisis of 2007 as investors looked warily toward a meeting of central bankers who convene on Thursday at Jackson Hole in Wyoming. Federal Reserve chair Jerome Powell is due to speak on Friday. The tech sector gave the biggest boost to the Toronto Stock Exchange, S&P 500 and Nasdaq, while an index of semiconductors was also up sharply. Nvidia rose 8.5 per cent, as HSBC raised its price target on the stock to $780 (U.S.) compared with Monday's close at $432.99 (U.S.). The S&P/TSX composite ended down 33.52 points at 19,784.87, its lowest closing level since June 27. "Interest rates continue to climb, which is something negative for the TSX which is littered with dividend payers," said Barry Schwartz at Baskin Financial Services. "The higher rates go, the less attractive those dividend payers become."