US stocks mostly fall as markets await inflation data
The Peninsula
New York: Wall Street stocks mostly fell early Monday as Treasury bond yields lingered at a high level while markets looked ahead to earnings and econ...
New York: Wall Street stocks mostly fell early Monday as Treasury bond yields lingered at a high level while markets looked ahead to earnings and economic data releases.
Equities had tumbled Friday following strong US jobs data that traders viewed as lessening the odds of Federal Reserve interest rate cuts in 2025.
This week's calendar includes key inflation data that will also influence the Fed's actions.
About 20 minutes into trading, the Dow Jones Industrial Average was up 0.3 percent at 42,058.66.
The broad-based S&P 500 declined 0.7 percent to 5,787.34, while the tech-rich Nasdaq Composite Index dropped 1.4 percent to 18,892.01.
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