Dow ends up over 200 points ahead of August inflation reading

0
10

U.S. stocks finished higher on Monday, notching a fourth-straight day of gains as investors await an update on the pace of inflation in August. The S&P 500 SPX, +1.06% advanced 43.05 points, or 1.1%, to 4,110.41. The Dow Jones Industrial Average DJIA, +0.71% climbed 229.63 points, or 0.7%, to 32,381.34. The Nasdaq Composite COMP, +1.27% rose 154.10 points, or 1.3%, to 12,266.41. On Tuesday morning, investors are expected to receive the first reading on the consumer-price index for August, which is expected to show that inflation slowed to 8.1% last month, down from 8.5% during the month prior, according to a FactSet estimate.

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleU.S. stocks climb for 4th straight day as investors await inflation update
Next articleMarket Snapshot: U.S. stocks finish higher for fourth straight session ahead of inflation reading for August

LEAVE A REPLY

Please enter your comment!
Please enter your name here