US stocks rose slightly on Monday, coming off a winning week on Wall Street, as investors looked ahead to Federal Reserve speakers and a key inflation reading for clues to the odds of another big rate cut. The Dow Jones Industrial Average was up 0.1%, hovering above Friday's record close for the blue-chip index. The S&P 500 added roughly 0.2%, while the tech-heavy Nasdaq Composite climbed 0.3%.
Read more: What the Fed rate cut means for bank accounts, CDs, loans, and credit cards Much will depend on Friday's reading on the PCE index — the Fed's preferred inflation gauge — and Thursday's second quarter GDP print. Experts believe that cooling inflation, not a rising risk of recession, will give policymakers a green light for another 0.5% cut this year.
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