Monday Market Report: US stocks rise as investors await CPI, Wall Street fears Fed rate hikes too aggressive
Stocks rose broadly in morning trading on Wall Street Monday as investors prepare for a busy week of updates on inflation.
The benchmark index is up 0.6 percent just after the opening bell, and the Nasdaq and Dow Jones industrials are also rising.
Small-company stocks outpaced the broader market’s gains in a sign that investors were confident about the economy. The Russell 2000 rose 1.7 percent.