US: Wall St opens muted ahead of busy data week, inflation test
Add BT as a preferred source
WALL Street’s main indexes opened muted on Monday (Feb 26) after a scorching AI-led rally, as investors focus returned to potential rate cuts from the Federal Reserve that key inflation and other economic data expected this week could offer clues on.
The Dow Jones Industrial Average rose 13.26 points, or 0.03 per cent, at the open to 39,144.79.
The S&P 500 opened higher by 4.20 points, or 0.08 per cent, at 5,093.00, while the Nasdaq Composite gained 17.63 points, or 0.11 per cent, to 16,014.45 at the opening bell. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Employers want AI-fluent employees. Hiring them is the challenge
Cat A hits record S$129,000 as COE rises across the board
E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement
Changes to EV incentives, uncertainty over COE framework drive Category A premium to a new high in ‘re-run of 2025 mania’
