S&P 500 slips 0.1% from record; oil jumps 1.5% ahead of July CPI
Financial markets opened the week on a cautious note, with the S&P 500 edging down 0.1% from Friday’s record. A 1.5% oil price surge after Iran’s Strait of Hormuz threat and a weak jobs report add complexity ahead of the consumer price index release that could determine the Fed’s next move.
Source: rttnews.com · freemalaysiatoday.com