Now, Wall Street is bracing for Nvidia earnings, which land Wednesday after the bell. Expectations for its results are sky-high, with the company's stock up almost 34% so far this year, even as restrictions on chip sales to China have possibly cost the company billions.

Wall Street opened lower on Monday, after the Dow notched a record close on Friday following Federal Reserve Chair Jerome Powell’s remarks at Jackson Hole. The S&P 500 (SP500) -0.3%, the Dow (DJI) -0.