US Stocks Muted as Investors Analyze Chinese Data and Await Inflation Report - News18
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Last Updated: July 11, 2023, 01:31 IST New York, United States of America (USA) A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. (Reuters/File Photo) Wall Street stocks muted as investors analyze Chinese data and anticipate U.S. inflation report. Dollar dips, oil prices decline with supply cuts Wall Street stocks were muted on Monday, while oil prices and the dollar dipped, as investors digested Chinese data that heightened worries of an economic slowdown and looked ahead to a key U.S. inflation report. The Dow Jones Industrial Average rose about 0.5%, while the S&P 500 and Nasdaq Composite were both little changed. European shares inched higher on Monday with the travel and leisure sector leading gains, with the pan-European STOXX 600 index up 0.18%. Chinese consumer price figures fell in June, leaving them almost unchanged from a year earlier, while producer prices slid deeper into negati...