Notable decliners included Marathon Oil Corporation (NYSE: MRO ), down 5.9%, Halliburton Company (NYSE: HAL ), off 3.8%, and Transocean LTD (NYSE: RIG ), down 3.7%. Technology was also strong, as chipmaker Intersil Corp (NASDAQ: ISIL ) soared almost 20% as a result of a proposed offer to buy Japanese manufacturer Renesas Electronics (see the Aug. 5 Trade of the Day ). Over the weekend, Federal Reserve Vice Chairman Stanley Fischer said inflation is close to meeting the central bank's 2% target and economic growth is expected to increase.