Reported 7 days ago
U.S. stocks experienced a slight decline on Monday, with the S&P 500 and Nasdaq inching down while still on track for solid monthly gains. Investors are focused on Federal Reserve Chair Jerome Powell's upcoming comments ahead of the significant September jobs report, which is expected to provide insights into the labor market's health. Meanwhile, shares of Stellantis plunged after the automaker lowered its profit outlook, causing a ripple effect across the automotive sector.
Source: YAHOO