"Investors Brace for Key Inflation Data as Stock Market Slips"
TL;DR
Stocks slipped as Meta's shares declined, dragging on the Nasdaq, while Bitcoin surged to a new record above $72,000 and Nvidia's stock weakened. Investors are awaiting the crucial inflation print on Tuesday for clues about potential rate cuts by the Federal Reserve. Additionally, the Reddit IPO roadshow is set to begin, with the company targeting a valuation range of $5.8 billion to $6.4 billion and expecting to raise about $450.9 million in proceeds.
- Stock market today: Stocks slip amid countdown to key inflation print Yahoo Finance
- Dow loses ground ahead of critical inflation data due this week MarketWatch
- Is the Stock Market Expensive Right Now? Morningstar
- Stock Market Today: Dow, S&P 500 Set to Open Down; Nvidia, Boeing, Coinbase, Oracle, and More Movers; Bitcoin Hits Record High Above $71000 Barron's
- US stock futures edge lower; CPI data, Oracle earnings in focus By Investing.com Investing.com
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