After rallying in January, stocks fell back in February. The Dow is down 3.5% for the month heading into the last trading day and is negative for the year so far. The S&P 500 and Nasdaq are positive for the year but have each dropped this month.staying higher for longer after several stronger-than-expected economic reports.the Federal Reserve to raise interest rates by a quarter of a percentage point when it meets in March, some are now betting on a half-point hike.
While it is a light week for economic data, Chicago Fed President Austan Goolsbee is expected to speak later today. Investors will be listening for any hints at the policy board’s thinking heading into March.
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