US open: Stocks little changed as investors await key inflation figures

(Sharecast News) - Wall Street trading got off to a somewhat muted start on Monday as market participants looked ahead to key inflation data due out later in the week.

As of 1500 BST, the Dow Jones Industrial Average was down 0.06% at 44,150.63, while the S&P 500 advanced 0.02% to 6,391.03 and the Nasdaq Composite came out of the gate 0.05% firmer at 21,461.62.

The Dow opened 24.98 points lower on Monday, taking a small bite out of gains recorded in the previous session.

All eyes will be on this week's inflation data, with key readings set to test the resilience of major indices that continue to hover near record highs. Tuesday's consumer price index will be first up, while Thursday's producer price index will follow, both of which could prove pivotal in shaping expectations around interest rate policy ahead of the Federal Reserve's September meeting.

A stronger-than-expected set of figures could dampen sentiment, particularly if they reignite concerns over persistent price pressures. The data will also serve as a precursor to the Fed's annual Jackson Hole symposium later this month, where policymakers are widely expected to signal their next move on rates.

Despite major indices sitting near all-time high, stocks were kept in check early on Monday after a Financial Times report said chipmakers Nvidia and AMD had agreed to give a portion of revenues from certain chips sold in China in exchange for export licenses.

No major corporate earnings or data points were scheduled for release on Monday.

Reporting by Iain Gilbert at Sharecast.com

Dow Jones - Risers

Intel Corp. (INTC) $20.87 5.56%

Unitedhealth Group Inc. (UNH) $257.25 2.53%

Apple Inc. (AAPL) $225.86 2.38%

Amgen Inc. (AMGN) $290.50 2.18%

Cisco Systems Inc. (CSCO) $71.57 1.63%

3M Co. (MMM) $154.17 0.57%

JP Morgan Chase & Co. (JPM) $290.21 0.50%

Walt Disney Co. (DIS) $112.96 0.47%

Merck & Co. Inc. (MRK) $81.06 0.46%

Procter & Gamble Co. (PG) $154.15 0.42%

Dow Jones - Fallers

Microsoft Corp. (MSFT) $520.60 -0.62%

Boeing Co. (BA) $227.88 -0.54%

Caterpillar Inc. (CAT) $414.52 -0.48%

Nike Inc. (NKE) $73.87 -0.42%

International Business Machines Corporation (CDI) (IBM) $241.37 -0.37%

Coca-Cola Co. (KO) $70.19 -0.21%

Walmart Inc. (WMT) $103.56 -0.17%

American Express Co. (AXP) $296.96 -0.16%

Goldman Sachs Group Inc. (GS) $720.19 -0.15%

McDonald's Corp. (MCD) $305.03 -0.14%

S&P 500 - Risers

Micron Technology Inc. (MU) $124.03 10.80%

Albemarle Corp. (ALB) $82.10 8.77%

Electronic Arts Inc. (EA) $173.89 6.30%

Kohls Corp. (KSS) $11.79 6.03%

Monster Beverage Corp (MNST) $64.19 5.58%

Intel Corp. (INTC) $20.87 5.56%

Gen Digital Inc. (GEN) $31.02 5.52%

Helmerich & Payne Inc. (HP) $18.17 5.09%

Lam Research Corp. (LRCX) $103.93 4.77%

Expedia Group Inc. (EXPE) $196.40 4.69%

S&P 500 - Fallers

Take-Two Interactive Software Inc. (TTWO) $222.01 -5.40%

Akamai Technologies Inc. (AKAM) $72.00 -5.08%

Jack Henry & Associates Inc. (JKHY) $160.37 -2.84%

Hershey Foods Corp. (HSY) $179.26 -2.72%

DENTSPLY Sirona Inc. (XRAY) $12.93 -2.64%

Mondelez International Inc. (MDLZ) $61.03 -2.27%

Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $497.72 -1.78%

Dollar Tree Inc (DLTR) $115.63 -1.75%

Intuit Inc. (INTU) $746.10 -1.74%

Alliant Energy Corp. (LNT) $65.26 -1.54%

Nasdaq 100 - Risers

Qvc Group Inc Series A (QVCGA) $4.06 13.40%

Micron Technology Inc. (MU) $124.03 10.80%

Electronic Arts Inc. (EA) $173.89 6.30%

Monster Beverage Corp (MNST) $64.19 5.58%

Intel Corp. (INTC) $20.87 5.56%

Gen Digital Inc. (GEN) $31.02 5.52%

Lam Research Corp. (LRCX) $103.93 4.77%

Expedia Group Inc. (EXPE) $196.40 4.69%

Tesla Inc (TSLA) $340.50 4.59%

Skyworks Solutions Inc. (SWKS) $71.32 4.04%

Nasdaq 100 - Fallers

Take-Two Interactive Software Inc. (TTWO) $222.01 -5.40%

Biomarin Pharmaceutical Inc. (BMRN) $57.24 -3.75%

DENTSPLY Sirona Inc. (XRAY) $12.93 -2.64%

Mondelez International Inc. (MDLZ) $61.03 -2.27%

Trip.com Group Limited (TCOM) $60.03 -2.25%

Check Point Software Technologies Ltd. (CHKP) $183.98 -1.99%

Ulta Salon, Cosmetics & Fragrance Inc. (ULTA) $497.72 -1.78%

Dollar Tree Inc (DLTR) $115.63 -1.75%

Intuit Inc. (INTU) $746.10 -1.74%

NetEase Inc. Ads (NTES) $128.45 -1.54%