US stocks edge slightly higher with focus on Fed speakers and inflation data

From Google: 2024-09-23 15:32:47

US stocks inched up as investors awaited remarks from Federal Reserve officials and digested fresh inflation data. The S&P 500 rose 0.2%, while the Dow gained 0.3% and the Nasdaq added 0.1%. The US 10-year Treasury yield dipped slightly to 1.51%. Consumer prices rose 0.6% in March, in line with expectations. Fed Chair Jerome Powell and other policymakers are scheduled to speak this week. The Dow and S&P 500 are slightly below record highs, while the Nasdaq is less than 1% below its all-time high. Investors are also monitoring news on vaccine distribution and economic recovery.



Read more at Google: Stock market today: US stocks nudge higher with Fed speakers, inflation in focus – Yahoo Finance