Stocks are ticking higher after last week's roller-coaster end left them shy of their records. The S&P 500 was up 0.3% Monday. The Dow Jones Industrial Average was up 62 points, and the Nasdaq composite was 0.4% higher. The focus on Wall Street has been on interest rates and when the Federal Reserve will lower them. Hot reports on inflation and the economy have forced traders to delay forecasts for when relief on rates could arrive. That raises the pressure on companies to deliver strong profits to justify higher stock prices. Reports on inflation and corporate profits are due later this week.
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Stock market today: Wall Street holds steadier after last week s sharp swerves springfieldnewssun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from springfieldnewssun.com Daily Mail and Mail on Sunday newspapers.
NEW YORK (AP) U.S. stock indexes held at a virtual standstill Monday as trading calmed after a whirlwind couple of days left them a bit shy of their records. The S&P 500 edged down by 1.95 points, or less than 0.1%, to 5,202.39.