Stock Market Today: Dow closes at a one-month high as tech stocks lag

Investing.com -- U.S. stocks traded in a mixed fashion Monday, remaining near record highs as investors looked to key inflation data this week for more cues on interest rates.

Moreover, 49% of respondents said they see the next S&P 500 10% correction to start sometimes in 2024. Similarly, 55% said they expect to keep the same S&P 500 exposure over the next month.The reading is the Fed’s preferred inflation gauge, and is likely to tie into the central bank’s stance on interest rate cuts.

Expectations of an eventual lowering in interest rates had driven Wall Street indexes to record highs through June, even as the Fed signaled that sticky inflation and a strong economy kept chances of such a scenario slim.), whose earnings are also viewed as a bellwether for global economic activity, is set to report its earnings for the quarter ended May on Tuesday.

Continued clashes between Russia and Ukraine, with Kyiv targeting major Russian refineries, also spurred concerns over supply disruptions.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock Market Today: Dow closes lower on rising yields, plunge in American AirlinesStock Market Today: Dow closes lower on rising yields, plunge in American Airlines
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock Market Today: Dow in rip-roaring gains as traders cheer in-line inflationStock Market Today: Dow in rip-roaring gains as traders cheer in-line inflation
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock Market Today: Dow slips on weaker economic data, slump in energyStock Market Today: Dow slips on weaker economic data, slump in energy
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock Market Today: Dow closes higher as slump in job openings fuel rate-cut hopesStock Market Today: Dow closes higher as slump in job openings fuel rate-cut hopes
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock Market Today: Nasdaq clinches all-time high close as tech reigns supremeStock Market Today: Nasdaq clinches all-time high close as tech reigns supreme
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock market today: Asian shares mostly higher after rebound on Wall StAsian shares are mostly higher after U.S. stocks bounced back from Wall Street’s worst day since April to finish higher for the week.
La source: ksatnews - 🏆 442. / 53 Lire la suite »