Stock market today: US stocks waver ahead of key signals on inflation, economy

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Wall Street is coming off a whipsaw week that has left markets jumpy and 'on edge.'

US stocks were mixed on Monday, as Wall Street braced for a week full of key economic data signals. All three of the major averages traded on both sides of the flat line in early trading. The S&P 500 was down about 0.2% while the Nasdaq Composite dropped more than 0.1%. Meanwhile, the Dow Jones Industrial Average was lower by about 0.4%. Wall Street is coming off a whipsaw week that has left markets jumpy and "on edge.

Wednesday provides a fresh look at the state of inflation with the latest release of the Consumer Price Index. Then Thursday comes with two key signals on the state of the US consumer: a reading on July's retail sales and Walmart earnings. Wall Street once again sees good news as good news, so its volatility this week may depend on the signals those data introduce.

 

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