U.S. stock benchmarks early Tuesday were trading mixed to mostly higher, with investors in a waiting pattern ahead of another round of inflation data on...
U.S. stock benchmarks early Tuesday were trading mixed to mostly higher, with investors in a waiting pattern ahead of another round of inflation data on Thursday. The Dow Jones Industrial Average DJIA, -0.20% was trading 0.1% lower at 34,578, but hanging near its record closing high from early May. A 1.3% decline in shares of Goldman Sachs Group Inc. GS, -1.36% was weighing on the Dow. The S&P 500 index SPX, -0.08% was trading 0.
Stocks have been stuck in a trading range for several weeks, with the Dow and S&P 500 index trading not far off all-time highs, as investors look for a fresh catalyst and await data on inflation pressures. The release Thursday of the May consumer-price index is shaping up to be the main data event of the week. A hotter-than-expected read on the April CPI, which rose 4.2% year over year, temporarily rattled markets last month. In corporate news, Southwest Airlines LUV, +0.
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