Stock market today: Nasdaq edges higher, Dow drops as investors await key signals on inflation, economy

US stocks closed mixed on Monday as Wall Street braced for a week full of key economic data signals. The benchmark S&P 500 hugged the flatline while the tech-heavy Nasdaq Composite rose about 0.2%. Meanwhile, the Dow Jones Industrial Average dropped roughly 0.4%, or less than 150 points. In single stock moves, Nvidia finished the day about 4% higher, sparking a rally in the tech sector. Wall Street is coming off a whipsaw week that has left markets jumpy and "on edge.

Strategists say that is likely to continue — and this week comes with plenty of opportunities. Wednesday provides a fresh look at the state of inflation with the latest release of the Consumer Price Index. Then Thursday comes with two key signals on the state of the US consumer: a reading on July's retail sales and Walmart earnings. Wall Street once again sees good news as good news, so volatility this week may depend on the signals those data introduce.

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.

Stock market news today: Nasdaq sinks 3%, Dow cascades down as global sell-off intensifiesWall Street's sell-off was set to intensify in a major way Monday as concerns mounted over the health of the US economy.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: Nasdaq sinks 4%, Dow cascades down as global sell-off intensifiesWall Street's sell-off was set to intensify in a major way Monday as concerns mounted over the health of the US economy.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: Dow leads stock comeback from steep sell-offEarnings misses have put the spotlight on the health of the economy after a Big Tech-led sell-off.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500, Nasdaq surge as wild week on Wall Street continuesStocks rallied on Thursday as a fresh reading on weekly unemployment claims helped calm recession fears.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500, Nasdaq rise, nearly wiping out week's losses in wild turnaroundA wild week on Wall Street is coming to a close.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: S&P 500, Nasdaq surge after jobs data eases concerns over US economyWall Street saw a comeback attempt falter on Wednesday, as stocks faded into the close and ended up with sizable declines
Source: YahooFinanceCA - 🏆 47. / 63 Read more »