"Investors Brace for Key Inflation Data as Stock Market Slips"

1 min read
Source: Yahoo Finance
"Investors Brace for Key Inflation Data as Stock Market Slips"
Photo: Yahoo Finance
TL;DR Summary

Stocks slipped as Meta's shares declined, dragging on the Nasdaq, while Bitcoin surged to a new record above $72,000 and Nvidia's stock weakened. Investors are awaiting the crucial inflation print on Tuesday for clues about potential rate cuts by the Federal Reserve. Additionally, the Reddit IPO roadshow is set to begin, with the company targeting a valuation range of $5.8 billion to $6.4 billion and expecting to raise about $450.9 million in proceeds.

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