Remaining Cool.
With temperatures rising on the streets of Los Angeles, Wall Street remained cool to start the week with attention focused on the US/China talks in London as well as the prospect of a first peek at inflation data on Wednesday and Thursday that at least partially encompasses the new tariff era.
The path of least resistance for stocks is higher right now and that was the cautious direction of travel taken on Monday in the absence of any meaningful catalysts from London or anywhere else. The indexes closed in the green with the S&P 500 holding above 6000.
Traders were stuck in a rather…
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