"Market Update: Stocks Mixed, Bitcoin Surges, Inflation Data Awaited"

1 min read
Source: Barron's
TL;DR Summary

The stock market was mixed, with the S&P 500 and Nasdaq Composite edging higher while the Dow Jones Industrial Average dipped. Investors are awaiting key inflation data later in the week. Macy's and Viking Therapeutics saw gains, while eBay and Nextdoor are set to report earnings. Crude oil prices settled higher ahead of the EIA's inventories report, with OPEC suggesting extending production cuts. Natural gas futures were mixed, with the March contract down and the April contract up, as signs of production topping out and excessive fund short positions impact the market.

Share this article

Reading Insights

Total Reads

0

Unique Readers

10

Time Saved

2 min

vs 3 min read

Condensed

80%

46592 words

Want the full story? Read the original article

Read on Barron's