All three major U.S. stock indexes remained higher in the final hour of trading on Monday, as traders await Tuesday's consumer price index report for August. Investors are optimistic that the data will show signs that inflation is easing further, following July's unexpected drop to an 8.5% annual headline rate. Dow industrials were up by 219 points, or 0.7%. The S&P 500 was up by 1%, while the Nasdaq Composite was higher by 1.2%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
