Stocks subdued as market weighs Russia mutiny: Stock market news today

Stocks were muted to start the new week on Monday as investors weighed what this weekend’s short-lived challenge to Vladimir Putin by armed mercenaries in Russia means for markets.

The S&P 500 (^GSPC) fell a modest 0.1%, while the Dow Jones Industrial Average (^DJI) was unchanged. The technology-heavy Nasdaq Composite (^IXIC) fell 0.2%.

Gold prices rose around 0.5%, a sign that some investors may be seeking a safe haven as they await clarity on the Russia turmoil. The country has been largely cut off from global financial markets since the invasion of Ukraine, which could limit any influence.

With PCE inflation and consumer confidence data due later this week, investors may well return to focusing on the Federal Reserve̵[ads1]7;s next move with inflation data, after Chairman Jerome Powell hinted at more rate hikes coming last week.

This content is not available due to your privacy preferences.

Update your settings here to see it.

Click here for the latest stock market news and in-depth analysis, including events that move stocks

Read the latest financial and business news from Yahoo Finance

Source link

Back to top button

mahjong slot