US Stock Indexes Mostly Lower at Opening Bell
On Monday, major US stock indexes opened mostly lower as investors focused on upcoming key economic reports. The wholesale inventories data will be released after the opening bell, while the latest inflation report is scheduled for 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 set 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. 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%.
Currency Exchange: The euro gained 0.18% compared to the dollar at 9:28 am ET, changing hands at $1.05829.
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