Wall Street’s main indexes were set for a tepid open on Monday as investors remained on the fence ahead of key inflation data later this week, while heavyweight technology shares largely shrugged off a deal by the world’s richest nations on a global minimum corporate tax. Shares of Apple Inc and Amazon.com Inc inched higher, while Facebook Inc and Google-parent Alphabet Inc were flat in premarket trading, broadly in line with the bigger market’s move. Wall Street’s main indexes ended higher on Friday, led by technology shares, after a tepid U.S. monthly jobs report relieved investors concerned about the Federal Reserve scaling back its massive stimulus program sooner than expected.
US STOCKS-Wall St set for muted open as investors await inflation data
2021-06-07T13:50:27-04:00June 7th, 2021|
Related Posts
-
The Updated FAQs on the Corporate Transparency Act (CTA)
May 2nd, 2024 -
Don’t Expect A Boost In Nursing Home Staff Any Time Soon
May 2nd, 2024 -
A Report From The Last Frontier, Part II
May 2nd, 2024