Wall Street Opens Muted Ahead of Busy Data Week, Inflation Test

Wall Street Opens Muted Ahead of Busy Data Week, Inflation Test
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City on Feb. 23, 2024. Brendan McDermid/Reuters
Reuters
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Wall Street’s main indexes opened muted on Monday after a scorching AI-led rally, as investors focus returned to potential rate cuts from the Federal Reserve that key inflation and other economic data expected this week could offer clues on.

The Dow Jones Industrial Average rose 13.26 points, or 0.03 percent, at the open to 39,144.79.