How major US stock indexes fared Monday, 3/11/2024

Stock indexes drifted to a mixed close as Wall Street prepared for a report on inflation that could show how realistic its hopes for easier interest rates are. The S&P 500 slipped 0.1% Monday, coming off just its third losing week in the last 19. It’s still near the all-time high it set on Thursday. The Dow Jones Industrial Average edged up 0.1%, and the Nasdaq composite fell 0.4%. If economists are correct, Tuesday’s report on prices at the consumer level could show inflation remained at 3.1% in February. Treasury yields edged higher in the bond market. Bitcoin hit another record.