NEW YORK (AP) — Stocks drifted to a mixed close on Wall Street as investors braced for what they hope will be the last hike to interest rates for a long time.

The S&P 500 closed virtually unchanged Monday as the latest historic U.S. banking failure made few waves in markets.

Regulators seized First Republic Bank and sold off most of it in hopes of preventing more turmoil in the industry.

Treasury yields rose amid firming expectations for the Federal Reserve to raise rates again later this week.

Also coming later this week are earnings reports from several heavy hitters, including Apple.