U.S. stocks climb for 4th straight day as investors await inflation update
U.S. stocks finished higher on Monday, notching a fourth-straight day of gains as investors await an update on the pace of inflation in August. The S&P 500 advanced 43.05 points, or 1.1%, to 4,110.41. The Dow Jones Industrial Average climbed 229.63 points, or 0.7%, to 32,381.34. The Nasdaq Composite rose 154.10 points, or 1.3%, to 12,266.41. On Tuesday morning, investors are expected to receive the first reading on the consumer-price index for August, which is expected to show that inflation slowed to 8.1% last month, down from 8.5% during the month prior, according to a FactSet estimate.
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