Stock Market Today: Stocks Struggle Ahead of PPI, Powell Speech

While the main indexes were relatively quiet Monday, GameStop made a lot of noise as it reclaimed its meme-stock status.

closeup of blue stock chart on personal computer
(Image credit: Getty Images)

Stocks were choppy Monday as investors looked ahead to a busy week of economic news. In addition to an appearance from Federal Reserve Chair Jerome Powell, investors will get key inflation updates, starting with tomorrow morning's release of the Producer Price Index.  

Recent hotter-than-expected economic reports have pushed back expectations on the Fed's rate-cut plans. However, last Friday's weak jobs report was just the sort of bad-news-is-good-news data investors were looking for.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%
https://cdn.mos.cms.futurecdn.net/hwgJ7osrMtUWhk5koeVme7-200-80.png

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

To continue reading this article
please register for free

This is different from signing in to your print subscription


Why am I seeing this? Find out more here

Karee Venema
Senior Investing Editor, Kiplinger.com

With over a decade of experience writing about the stock market, Karee Venema is the senior investing editor at Kiplinger.com. 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.