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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market today: Stock futures pop as Wall Street looks to continue record-setting runA bullish mood is prevailing on Wall Street.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Wall Street drifts near its records amid a worldwide market lullNEW YORK (AP) — Stocks are drifting around their records on Wall Street, as a lull carries through financial markets worldwide. The S&P 500 was little changed in early trading Wednesday, a day after setting an all-time high.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Wall Street drifts to a mixed close, holding near record levelsNEW YORK (AP) — Stocks drifted to a mixed close on Wall Street as a lull carried through financial markets worldwide. The S&P 500 edged down 0.2% Wednesday, a day after setting an all-time high. The Dow Jones Industrial Average rose 0.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Stocks retreat as Wall Street weighs hot inflation's impact on FedInvestors are weighing whether two big hot inflation prints will prompt a Fed rethink on rate cuts as its March policy meeting looms.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Wall Street slips further away from records amid inflation worriesBEIJING — Stocks fell on Wall Street Friday and are on track for a mixed finish in a week that was heavy with reports showing that inflation, though broadly cooling, remains stubborn. The S&P 500 fell 0.
Source: SooToday - 🏆 8. / 85 Read more »
Stock market today: Wall Street rises toward records ahead of a big week for central banksNEW YORK (AP) — Stocks are rising Monday ahead of a busy week for central banks around the world that could dictate where interest rates go. The S&P 500 was ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »