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Asia And Europe Markets Mixed, Gold Hovers Around $2,350 - Global Markets Today While US Slept
On Monday, May 14th, U.S. stock markets closed mixed. After three consecutive weeks of gains, the S&P 500 experienced a slight decline, with investors poised for upcoming inflation data and earnings reports.
A Federal Reserve Bank of New York survey released on Monday indicates that Americans expect inflation to rise to 3.3% next year, up from 3% in March, and to settle at 2.8% in three years.
Most S&P 500 sectors fell, with notable declines in consumer staples, industrials, and financials. Only information technology and real estate stocks closed higher.
The Dow Jones Industrial Average was down 0.21% and closed at 39,431.51. The S&P 500 declined 0.02%, ending ...