Investors Brace for Inflation Report Amid Recession Fears and Rate Hike Concerns

US stocks are mixed ahead of a key inflation report this week that could help set the tone for next month’s policy meeting at the Federal Reserve. Investors have sent stocks lower in recent trading sessions on fears that the Fed's aggressive stance on interest rates could lead the economy into a recession. Market sentiment is also being clouded after an attempted revolt by Russian paramilitary operatives, which marched on Moscow over the weekend only to abruptly call off their advance. The White House announced a $42 billion initiative to get high-speed internet access to American households by 2030. Shares of Pfizer Inc. fell 3.9% after it said it would stop developing an experimental obesity and diabetes drug because of elevated liver enzymes found in some patients in its studies.