Reported 1 day ago
On Monday, the stock market exhibited mixed results, with the Dow Jones Industrial Average rising by 0.8% while the Nasdaq Composite dropped by 0.4% due to declines in major tech stocks like Nvidia and Apple. The increases in Treasury yields and a strengthening dollar dampened investor optimism regarding potential interest rate cuts, ahead of critical inflation reports this week. Additionally, oil prices surged to their highest levels in five months amid supply concerns linked to sanctions on Russia's crude industry.
Source: YAHOO