Wall Street drifts ahead of updates on inflation, profits

1 year ago
46

Stocks on Wall Street are meandering with little direction on Monday, anticipating updates on inflation trends and corporate earnings in the upcoming week.

During morning trading, the S&P 500 inched up by 0.1%, following its second weekly decline in the past eight weeks, the Associated Press reports.

The Dow Jones Industrial Average climbed 148 points, or 0.4%, reaching 33,883 as of 10:45 a.m. Eastern time. Conversely, the Nasdaq composite slipped 0.1%.

READ MORE: https://apnews.com/article/stock-market-rates-china-inflation-e9dcf8aaac398c313e6887184319990b

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