Stocks Experience "Death Cross" as Dow Closes Higher Amidst Inflation Concerns
TL;DR Summary
The Dow Jones Industrial Average finished slightly higher on Monday, but its 50-day moving average closed below its 200-day moving average, signaling a "death cross" for the first time since March 2022. The S&P 500 and Nasdaq Composite both ended in negative territory. The "death cross" is a widely followed technical indicator used by stock-market analysts. Investors are awaiting an upcoming inflation report for further market direction.
- Dow finishes higher but sees first 'death cross' since December MarketWatch
- Stock market news today: Stocks little changed ahead of key inflation data Yahoo Finance
- These 2 Stocks Are Making Big Monday Moves The Motley Fool
- Why Are Stocks Down Today? InvestorPlace
- Stock Market News Today: Dow Closes Higher Ahead of CPI Report The Wall Street Journal
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