市场快报

US stocks rise with investors looking ahead to inflation data

Crude oil prices fall on concerns over war in Ukraine and Saudi production cuts
Economic data last week pointed to a slowdown in the US economy, adding to a weaker than expected corporate earnings season

US stocks advanced on Monday, following a global equity sell-off last week, as investors took some positive signs from last week’s jobs report and turned their attention to inflation data due on Thursday.

Wall Street’s benchmark S&P 500 gained 0.9 per cent, led higher by tech and media stocks, as well as those in the financial sector. The tech-focused Nasdaq Composite gained 0.6 per cent.

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