On Monday, stocks, bonds, and the dollar saw minor moves as traders awaited the latest inflation figures, remarks from Federal Reserve speakers, and results from major retailers.
The S&P 500 remained near its key 4,400 level during a light trading session. The gauge closed little changed after nine positive days in a row - a level of consistency seen less than 1% of the time this century and last seen in 2021. Treasury 10-year yields have fallen below 4.65%. The dollar dropped. After three weeks of losses, oil surpassed $78 per barrel.
The Yen pared losses in early trading on speculation that the Bank of Japan intervened to slow weakness in it's currency.
