Stocks Slump In Manic Monday, Low-Volume Session

As Wall Street awaits Thursday's inflation readings, investors are keeping their cards close to the chest. A muted midday performance extended into the afternoon, as the Dow and S&P 500 took a step back from record highs, snapping three-day win streaks in the process. The former also added a new member, with Amazon.com (AMZN) replacing Walgreens Boots Alliance (WBA). Meanwhile, the tech-heavy Nasdaq fell as the 10-year Treasury note jumped to 4.301%.

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Oil Prices Bounce Back From Weekly Loss

Oil prices took back some of last week's losses after traders assessed crude's supply and demand outlook. For the session, April-dated West Texas Intermediate (WTI) crude gained 91 cents, or 1.4%, to finish at $77.58 per barrel.

Gold prices fell ahead of this week's inflation data. April-dated gold lost $10.50, or 0.5%, to settle at $2,038.90 per ounce for the day.


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