Reported 2 days ago
US stocks closed lower on Monday, led by Nvidia, as investors prepare for crucial economic data later this week. Julia Hermann from New York Life Investments indicated that the market's volatility is expected given the approaching inflation data and the Federal Reserve's upcoming meeting. She noted that while the economy shows resilience, it is gradually decelerating, prompting a shift from election uncertainty to concerns regarding future Fed policy adjustments.
Source: YAHOO