Stock Markets Open Mixed, Economists Await Inflation Data Amid Global Equities Performance Review


Investors Await Economic Data as US Stocks Remain Muted in World Markets Today

On Monday, US stock indices opened muted as investors awaited economic data including inflation. The Dow Jones Industrial Average fell 14.93 points, or 0.04 per cent, at the open to 38,656.76. The S&P 500 opened higher by 0.22 points at 5,026.83, while the Nasdaq Composite dropped 10.05 points, or 0.06 per cent, to 15,980.62 at the opening bell. European shares mostly rose on Monday with Britain’s FTSE 100 edging down 0.2 per cent at 7,561.40 points and France’s CAC 40 adding 0.3 per cent at 7,673.22 while Germany’s DAX rose by 0.4 per cent at 16,985.44 . In Asia key stock markets were closed for the Lunar New Year break and oil prices slipped on Monday with Brent crude futures down by about 7 percent and US West Texas Intermediate crude futures also down by around 4 percent to $76 a barrel while gold prices declined on Monday as the US dollar rose with spot gold down by about 5 percent and US gold futures losing about 3 percent of their value .

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