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Stock market today: US stocks edge higher ahead of key signals on inflation, economy

  • Mon, August 12, 2024 at 2:33 PM GMT+1

    Stocks drift higher at the open

    US stocks rose slightly on Monday, as Wall Street braced for a week full of key economic data signals.

    The S&P 500 (^GSPC) and the Nasdaq Composite (^IXIC) popped about 0.3%. Meanwhile, the Dow Jones Industrial Average (^DJI) was higher by less than 0.2%.

    There were limited catalysts driving the market action early Monday morning, as investors await a busy week of economic data that will begin in earnest on Tuesday with the latest reading of the Producer Price Index (PPI).

  • Source: finance.yahoo.com

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