U.S. stocks open higher after 3 days of losses as investors await inflation data, Fed minutes and earnings

U.S. stocks open mostly higher on Monday, with the S&P 500 and Dow Jones Industrial Average on track to snap a three-session losing streak that culminated with a 630-point drop for the Dow on Friday following the release of jobs data for September. The S&P 500 gained 5 points, or 0.2%, to 3,645. The Nasdaq Composite fell 15 points, or 0.2%, to 10,636. The Dow advanced 113 points, or 0.

4%, to 29,409. The main U.S. benchmarks managed to snap a three-week losing streak last week despite the post-jobs losses, after stocks notched the best two-day start to a calendar quarter since 1938. Investors are looking ahead to a busy week that includes the release of minutes from the Federal Reserve’s September meeting, a report on inflation in September, and the start of the third-quarter earnings season.

StrikeX TradeStrikeBVI

United States United States Latest News, United States United States Headlines

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

Peloton CEO cuts 500 more jobs to ‘assure the future viability of the business’Peloton CEO gives company six months to prove it can survive on its own I’ll give it 6 weeks At what point does Google or Apple buy it
Source: verge - 🏆 94. / 67 Read more »