Investors Brace for Upcoming Economic Reports

On Monday, major US stock indexes opened with mixed results as investors eagerly await key economic reports. The focus is on the wholesale inventories data to be released after the opening bell, the latest inflation report scheduled for Wednesday before the markets open, and jobless claims and producer prices data to be revealed later in the week.

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

Market Performance and Currency Movements

The Dow Jones opened flat, while the Nasdaq 100 dropped by 0.26%, with AppLovin Corporation experiencing a significant decline of 6.92%. The S&P 500 lost 0.13%, largely due to a 4.58% plunge in Omnicom Group Inc.

In currency markets, the euro gained 0.18% against the dollar, trading at $1.05829 at 9:28 am ET.