Wall Street Holds Steady Amid Mixed US Stocks
Stocks finished mixed on a quiet Monday with the S&P 500 barely higher and the Dow slipping 140 points while the Nasdaq rose 0.2 percent. Global markets were calmer after last week’s extreme swings driven by yen volatility and a Bank of Japan rate move. The week ahead includes inflation and consumer spending data as investors weigh Fed rate plans and a softer U.S. economy.
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Consumers slow inflation as shoppers seek cheaper options
Washington reports a cooling inflation trend driven by price sensitive consumers and big firms cutting prices or delaying hikes. Fed officials note inflation expectations cooled as supply chains healed and interest rates restrained demand. Upcoming CPI and retail sales data may show continued consumer vigilance yet willingness to spend.
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Google.org backs high school mental health drive with Gomez
Google.org funds DonorsChoose mental health listings with 10 million in new gifts and Selena Gomez backing. The effort aims to center mindfulness in schools, offering 500 vouchers and training to educators while highlighting teen wellbeing amid pandemic mood and anxiety concerns.
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Trump Musk X interview glitches disappoint online audience
Trump returned to X with a much anticipated live conversation with Elon Musk but the broadcast stalled as 878,000 users logged in. Messages read details not available while Trump supporters blamed the platform and previous DeSantis rollout glitches.
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