#stocks #inflation #YahooFinance #recession #bitcoin #Biden #Stockmarket #coronavirus #memestocks #Fed #YahooFinance #investing #stockmarket #bitcoin #crypto
To get the latest market news check out finance.yahoo.com
Stocks were muted to start the new week Monday as investors considered what the weekend's short-lived challenge to Vladimir Putin by armed mercenaries in Russia means for markets.
The S&P 500 (^GSPC) was down a modest 0.1%, while the Dow Jones Industrial Average (^DJI) was unchanged. The tech-heavy Nasdaq Composite (^IXIC) dropped 0.2%.
Gold prices rose about 0.5%, a sign that some investors may be seeking a safe haven as they wait for clarity about the Russia turmoil. The country has largely been cut off from global financial markets since its invasion of Ukraine, which could limit any impact.
With data on PCE inflation and consumer confidence due later this week, investors may well return to focusing on the Federal Reserve's next moves with inflation data, after Chair Jerome Powell hinted at more rate increases to come last week.
For more on this article, please visit: