US stocks: US market opens muted as tech stocks take a breather
Investors remain attentive to fresh indicators on the monetary policy path, given elevated Treasury yields and oil prices. The S&P 500 was up slightly, while the Dow Jones Industrial Average experienced a small decline.
By Reuters |
AP
US consumers faced a mixed economic picture as confidence and hiring weakened and mortgage rates rose, even as inflation cooled slightly, GDP growth was revised higher and stocks stayed near record highs.
Wall Street's main indexes were muted at the open on Monday, as technology stocks eased from record highs, while investors looked for fresh clues on the monetary policy path with Treasury yields and oil prices still elevated.
The S&P 500 was up 6.06 points, or 0.08, at 7,728.78 after market open, the Nasdaq was up 43.06 points, or 0.16%, at 27,233.93 and the Dow Jones Industrial Average was down 78.27 points, or 0.15%, at 51,098.69 after market open.
More to come...
The S&P 500 was up 6.06 points, or 0.08, at 7,728.78 after market open, the Nasdaq was up 43.06 points, or 0.16%, at 27,233.93 and the Dow Jones Industrial Average was down 78.27 points, or 0.15%, at 51,098.69 after market open.
More to come...
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