US stocks edged lower on Monday as investors braced for a Federal Reserve policy decision and key inflation data in the week ahead, with Nvidia and Apple events in immediate focus. The Dow Jones Industrial Average hovered just below the flatline, coming off a muted end to a winning week for the three major gauges. The S&P 500 and the tech-heavy Nasdaq Composite each fell around 0.2% and 0.3%, respectively.
Read more: How does the labor market affect inflation? Investors are now looking ahead to the Fed's next rate decision and May's Consumer Price Index inflation reading, both due on Wednesday, that will provide another big test for stocks. In the meantime, eyes are on Nvidia's stock split and a key Apple event as catalysts for stocks on Monday. Wall Street expects trading in Nvidia to be volatile in the wake of the 10-for-1 split as retail buyers flood in.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Asian markets follow Wall Street higher ahead of key inflation updateHONG KONG (AP) — Asian stocks were mostly higher on Wednesday after a rally on Wall Street that took the Nasdaq composite index to a record high. A report...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Wall Street slips ahead of job market dataNEW YORK (AP) — U.S. stocks drifted lower as investors await a trove of labor market data this week. The S&P 500 fell 0.2% in early trading Tuesday. The Dow Jones Industrial Average fell 148 points, and the Nasdaq slipped 0.1%.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Wall Street edges higher ahead of services sector dataNEW YORK (AP) — U.S. stocks are ticking higher ahead of the latest data that could show how much the economy is slowing. The S&P 500 was up 0.4% in early trading Wednesday.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: US futures stay put ahead of huge week on Wall StreetInvestors are looking ahead to the Fed's policy decision and key inflation data later in the week as they scale back rate-cut bets.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Asian stocks drift after Wall Street closes another winning weekHONG KONG (AP) — Asian stocks were mostly lower on Monday after Wall Street coasted to the close of another winning week. U.S. futures were mixed and oil...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Wall Street drifts around the edge of its recordNEW YORK (AP) — U.S. stocks are ticking higher Monday and adding to what’s been a solid May following their rough April. The S&P 500 was up 0.2% in early trading and pulling within 0.4% of its record set at the end of March.
Source: SooToday - 🏆 8. / 85 Read more »