This post includes affiliate links. If you purchase anything through these affiliated links, 247wallst.com may earn a commission. Premarket action Monday had the three major U.S. indexes trading lower. The Dow Jones industrials were down 0.66%, the S&P 500 down 0.92% and the Nasdaq is 1.24% lower. Six of 11 market sectors closed higher on Friday, with consumer cyclicals (2.27%) and real estate (0.94%) leading the way. Energy (−1.99%) and health care (−0.69%) posted the largest losses. The Dow closed up 0.08%, the S&P 500 up 0.25% and the Nasdaq up 0.95%. Small-cap stocks put up Friday’s biggest gains, but the mega-caps were not all that far behind. The report on personal consumption expenditures showed that inflation continues to moderate but remains too high for the Federal Reserve’s liking. Friday’s trading volume was roughly on par with the five-day average. New York Stock Exchange winners led losers by 1,798 to 1,278, while Nasdaq advancers led decliners by around 5 to<\/p>\n","protected":false},"excerpt":{"rendered":"
A rumored buyout of EV maker Lucid sent shares soaring Monday morning. The Federal Reserve meeting on interest rates begins Tuesday, and that will be what influences investors until Wednesday’s<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[22,1],"tags":[],"class_list":["post-601470","post","type-post","status-publish","format-standard","hentry","category-economy","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/601470","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=601470"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/601470\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=601470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=601470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=601470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}