Stock market today: Stocks wobble as S&P 500, Nasdaq try to build on records

US stocks wavered on Monday ahead of a consequential week that could provide key signals for the near-term path of interest rates. The S&P 500 hugged the flatline, while the tech-heavy Nasdaq Composite was up 0.1% after each index notched its latest record on Friday. The Dow Jones Industrial Average erased earlier session gains to slip 0.2%.

Fed Chair Jerome Powell is set to appear in Congress for semiannual testimony on Tuesday and Wednesday. Then comes the latest Consumer Price Index print, set for release on Thursday. Economists expect headline inflation rose 3.1% over the last year, which would match the lows where the CPI started the year. In other market-moving events, a left-wing coalition in France garnered the most votes in the country's election, stunning a far-right that was hoping to secure a parliamentary majority.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Stocks edge higher as S&P 500, Nasdaq try to build on recordsA consequential week that could provide key signals for the near-term path of interest rates.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Stock futures steady as S&P 500, Nasdaq try to build on recordsA consequential week that could provide key signals for the near-term path of interest rates.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500, Nasdaq hover near records as Nvidia becomes most valuable stockTechs are continuing to lead an AI-driven rally that investors simply can't afford to miss out on.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500, Nasdaq slip from records as Nvidia dipsNvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500, Nasdaq jump as Nvidia surge continuesNvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500, Nasdaq set to jump as Nvidia surge continuesNvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »