Reported 11 months ago
US stocks slightly declined as investors prepared for a significant week on Wall Street, with a focus on the Federal Reserve policy decision and pivotal inflation data. Nvidia and Apple were in the spotlight, while Southwest Airlines saw its shares rise after activist investor Elliot Management disclosed a $1.9 billion stake, criticizing the company's leadership. Nvidia's 10-for-1 stock split began trading, making its shares more accessible to retail traders, with its value briefly surpassing $3 trillion. The S&P 500 and Nasdaq Composite each fell around 0.2% and 0.3%, respectively, as traders await the Fed's forthcoming rate decision and inflation report.
Source: YAHOO