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Markets · Investing · Business
Finance
Market Indexes Drift Lower While Most Stocks Rise
Why are the indexes red when the typical stock is green? Alphabet and Amazon account for nearly the whole decline, and Wednesday's inflation report is the week's real event.
Wall Street is saving its energy for Wednesday morning's inflation report, which should decide where this calm market goes next. Meanwhile, the top stock market indexes look pretty quiet again.
The Dow Jones Industrial Average(DJINDICES: ^DJI) is down 0.08%, the S&P 500(SNPINDEX: ^GSPC) has given up 0.12%, and the Nasdaq Composite(NASDAQINDEX: ^IXIC) is off by 0.32%. The Dow got out to a 0.4% lead early and spent the rest of the morning giving it back, while the Nasdaq never really got going. None of the moves is particularly large.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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