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VOL. 48 | NO. 14 | Friday, April 5, 2024
Wall Street steadies as bond yields ease ahead of inflation report
NEW YORK (AP) — Stocks meandered to a mixed close on Wall Street as traders made their final moves before several potentially market-moving reports later in the week.
The S&P 500 edged up 0.1% Tuesday. The Dow Jones Industrial Average was little changed, and the Nasdaq composite inched up 0.3%.
Treasury yields eased in the bond market ahead of Wednesday's highly anticipated update on inflation at the U.S. consumer level.
This week will also bring other inflation data, and several big U.S. companies including JPMorgan Chase and Delta Air Lines will deliver their profit reports for the first three months of the year.