"Dow Surges 100 Points as Rivian Stock Takes Center Stage"

1 min read
Source: The Wall Street Journal
"Dow Surges 100 Points as Rivian Stock Takes Center Stage"
Photo: The Wall Street Journal
TL;DR Summary

U.S. stocks were mixed as traders awaited key inflation data and the start of earnings season. China's flatlining consumer prices and falling factory-gate prices raised concerns about slowing demand. The Dow Jones rose modestly, the S&P 500 was little changed, and the Nasdaq Composite dipped slightly. Large tech companies like Microsoft, Apple, and Alphabet were down, while U.S. Treasury yields slipped. Icahn Enterprises' stock surged after Carl Icahn finalized loan agreements that separate his personal loans from the trading price of his company's shares. Chinese stocks lost steam, and global indexes were narrowly mixed.

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