Investors Brace for Key Economic Reports

On Monday, major stock indexes in the United States opened mostly lower as investors focused on upcoming key economic reports. The wholesale inventories report is set to be released after the opening bell, while the latest inflation report will be published on Wednesday before the markets open. Additionally, jobless claims and producer prices data will be revealed later in the week.

In the business sector, Oracle Corporation is scheduled to release its financial results for the second quarter of its fiscal 2025 today after the closing bell.

Market Performance

The Dow Jones traded flat at the open. Meanwhile, the Nasdaq 100 dropped 0.26%, with AppLovin Corporation sinking 6.92%. The S&P lost 0.13%, as Omnicom Group Inc. plunged by 4.58%.

The euro gained 0.18% compared to the dollar at 9:28 am ET, changing hands at $1.05829.