Stocks struggled for direction Monday morning as investors weighed the prospects of higher inflation and rates in the U.S. against Friday’s solid print on the U.S. labor market recovery.
The Dow turned slightly lower, while the Nasdaq pushed into positive territory. The S&P 500 was little changed, and the index hovered just below its record high.
On Sunday, U.S. Treasury Secretary Janet Yellen suggested higher interest rates “would actually be a plus for society’s point of view and the…
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