Traders will respond on August 22, 2025 on the floor of the New York Stock Exchange.
Brendan McDermid | Reuters
Nasdaq Composite It closed at a record high on Monday as investors prepared for a week filled with data that includes two closely watched measurements on inflation.
The technology-rich Nasdaq rose 0.45% at 21,798.70 after hitting a new all-time high in sessions. S&P 500Meanwhile, it rose 0.21% to 6,495.15, Dow Jones Industrial Average Rose 114.09 points (0.25%) closed at 45,514.95.
Move Hight was led by an increase in Chipmaker’s stock Broadcom3%, Artificial Intelligence Darling nvidiathat advance has overturned some of the sudden losses over the past month. Amazon and Microsoft It was also expensive.
“Not only has it focused on AI spending, AI infrastructure build-outs, and (it’s) (the epic seven), but it continues to have a huge momentum in AI spending,” Ross Mayfield, investment strategist at Baird Private Wealth Management, told CNBC.
“There’s a kind of broad strength,” he continued.
Investors are awaiting two key inflation reports this week to gain more insight into the health of the U.S. economy after weaker than expected employment data on Friday. The August producer price index report is scheduled to be released on Wednesday morning, followed by the Thursday consumer price index.
The data follows an inactive employment report in August that helped to foster hopes among investors that the Federal Reserve almost guarantees that it will cut benchmark interest rates at policy meetings later this month. Jobs’ figures also raised the prospects for half-point rate reductions for each transaction data from the CME FedWatch tool.
“We’re a vacuum in the catalyst,” Mayfield also added that there could be “fragment drifts” in the best ever market during seasonally weaker times. “Unless there are events from the left field regarding tariffs or trade, the market will be in a sort of standby mode of CPI.”
