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Stocks Little Changed as Inflation Worries Increase
Stocks were little changed Monday as traders grappled with rising inflation expectations ahead of key reports due later in the week.The Dow Jones Industrials dropped 81.33 points to 39,431.51. The S&P 500 weakened 1.26 points to 5,221.42. The NASDAQ gained 47.37 points to 16,388.24.The 30-stock Dow was coming off its best weekly performance of 2024, rising more than 2% last week. The S&P 500 and NASDAQ climbed more than 1% each during that period.A New York Federal Reserve survey showed consumers last month increased their expectations for price increases in both the near and long term. On a…