Wall Street stable at opening ahead of economic data release

The main indices on Wall Street opened little changed on Monday after a sharp rise led by artificial intelligence companies, in light of the return of investors’ focus on the possibility of the Federal Reserve (the US central bank) reducing interest rates.

According to Reuters, key data on inflation and other economic data expected this week may provide indications of a possible interest rate cut.

The Dow Jones Industrial Average rose 13.26 points, or 0.03%, to 39,144.79 points.

The Standard & Poor’s 500 index opened trading with an increase of 4.20 points, or 0.08%, to 5,093.00 points.

The Nasdaq Composite Index rose 17.63 points, or 0.11%, to 16,014.45 points.