Stocks decline from record highs with US inflation data eyed

NEW YORK, March 11 - A gauge of global stocks was lower for a second straight session on Monday, retreating further from a record high as investors braced for U.S. inflation data this week which could heavily influence the Federal Reserve's path of interest rates.

The Dow Jones Industrial Average , opens new tab fell 180.11 points, or 0.46%, to 38,546.22, the S&P 500 , opens new tab lost 19.01 points, or 0.35%, to 5,105.57 and the Nasdaq Composite , opens new tab lost 27.01 points, or 0.17%, to 16,060.50. "The market's vulnerable to a catalyst of correction and that catalyst could be inflation numbers, could be comments by the Fed saying,

The STOXX 600 , opens new tab index fell 0.53%, while Europe's broad FTSEurofirst 300 index , opens new tab fell 10.23 points, or 0.51%.

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.

Kitco NEWS Reports on Mining Companies Snowline Gold and NexGen EnergyKitco NEWS provides accurate and objective reporting on mining companies Snowline Gold and NexGen Energy. Snowline Gold has seen significant growth due to outstanding drill results and backing from B2Gold. NexGen Energy has experienced a surge in stock value with the rise in uranium prices.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »