From Investing.com: 2024-05-13 09:35:06

U.S. stocks edged higher Monday, awaiting key inflation data later in the week. The Dow rose 75 points, S&P climbed 13 points, and Nasdaq gained 58 points. The Wall Street indexes started the week positively after three weeks of gains, with 80% of companies beating forecasts. Investors are cautious ahead of inflation readings on Tuesday and Wednesday. Arm Holdings rose 4% on plans for AI chips, Intel up 1% on talks for a chip plant. Crude prices rose after mixed Chinese inflation data. U.S. crude traded at $78.71, Brent at $83.16. Trading expected to be subdued ahead of U.S. inflation data.



Read more at Investing.com: US stocks edge higher ahead of key inflation data; Arm gains on AI plans By Investing.com