Wall Street drifts ahead of updates on inflation, profits
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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