Learn more

U.S. stocks started the new week with strong gains, as all major indices and sectors in the S&P 500 were in the green by midday in New York. This comes after Wall Street experienced its worst week of the year. Investors kicked off Monday with renewed optimism, anticipating a boost from Apple Inc. (NASDAQ:AAPL)’s highly anticipated event and key inflation data for August, set to be released on Wednesday. Economists are predicting a slowdown in the headline inflation rate from 2.9% in July to 2.6% year-over-year in August, potentially marking the lowest inflation level since March 2021. A lower …

cuu