Wall Street ends up with growth stocks, but inflation fears linger

Published by
Reuters

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended a choppy session slightly higher on Monday, helped by gains in Amazon.com and other mega-cap growth shares, while persistent worries over inflation and interest rates kept a lid on the market. Shares of Amazon.com Inc rose 2% and were the biggest positive for the S&P 500 and Nasdaq after the online retailer split its shares 20 for 1. Apple Inc shares climbed 0.5%. The tech giant at its annual software developer conference announced among other things that it would more deeply integrate its software into the core driving systems of…

Read More

See also  For hype-wary IBM, quantum-computing sales are close, but not too close

Leave a Reply