NEW YORK — Stocks are holding steadier on Wall Street after a roller-coaster end to last week left them a bit shy of their records. The S&P 500 was little changed in early trading Monday. The Dow Jones Industrial Average rose 44 points, and the Nasdaq composite was flat. Markets have been focused on interest rates and when the Federal Reserve will lower them.
The U.S. government releases its March report on consumer prices Wednesday, and the following day it will release the latest data on prices at the wholesale level. The strong jobs market and consumer spending have raised concerns about the Fed's ability to get inflation below 3% and closer to its target rate of 2%.
The earnings kicks off this week with Delta Airlines on Wednesday, followed by the big banks, JPMorgan, Wells Fargo and Citigroup, all posting their first quarter financial results. Adding to the upward pressures have been signs of economic recovery in various regions, which will increase energy consumption. Concerns about the supply and political tensions also tend to push prices higher.
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