Stock Market Today: Stocks Close Higher Ahead of Fed, May CPI

Monday was a quiet session for the main indexes but this week's Fed meeting and a key inflation update could create fireworks.

blue stock market chart with teal bars going up
(Image credit: Getty Images)

Stocks opened lower Monday but climbed into positive territory by the close. Investors' attention this week is trained on Wednesday's release of the May Consumer Price Index (CPI) report and the conclusion of the Fed meeting

Today, though, the economic calendar was bare, so market participants turned to a raft of single-stock headlines hitting the wires.  

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Karee Venema
Senior Investing Editor,

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at She joined the publication in April 2021 after 10 years of working as an investing writer and columnist at Schaeffer's Investment Research. In her previous role, Karee focused primarily on options trading, as well as technical, fundamental and sentiment analysis.