Dow rises 150 points - InvestingChannel

Dow rises 150 points

Stocks in the U.S edged up Monday as investors looked ahead to inflation data later in the week and prepared for the start of the second-quarter earnings season.

The Dow Jones Industrial Average traded 159 points higher, or 0.4%. The S&P 500 rose 0.1%, while the Nasdaq Composite ticked up less than 0.1%.

The consumer price index report is due Wednesday, followed by the producer price index — a measure of wholesale price pressures — out Thursday.

Meta Platforms (META) shares moved higher Monday following data suggesting its new social media platform, Threads, gained more than 100 million users since it launched late last week.

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