The S&P 500 is Flat to Begin the Week as Traders Await the Fed’s Decision and Inflation Data

On Monday, the S&P 500 remained flat as traders awaited the Federal Reserve’s interest rate decision and May inflation data.

The Nasdaq Composite increased by 0.3%, while the Dow Jones Industrial Average fell by 44 points, or 0.1%.

Nvidia shares fell by 1% due to the stock’s 10-1 spilt. The Fed’s rate decision and May’s consumer price index, scheduled for Wednesday, are expected to be key market tests.

Source (CNBC)