US stocks were largely unchanged on Monday as investors awaited more news that could impact the market.
Major indexes managed to post small gains last week despite some market volatility with the Dow Jones up 0.09%, the S&P 500 by 0.22% and the Nasdaq Composite by 0.1%.
This upward trend was mostly due to optimism following a better-than-expected jobs report, which suggested that the Federal Reserve (Fed) may be able to steer the economy towards a "soft landing" by avoiding a severe recession while controlling inflation.
However, investors remain cautious as concerns about the upcoming US presidential election and unrest in the Middle East could create an uncertain situation.
Investors are now watching the important events of the week, on Wednesday, the Fed will announce the minutes of its meeting; on Thursday, the consumer price index (CPI) report will provide information on inflation and potential future changes in interest rates.
Big companies like PepsiCo, Delta, BlackRock, JPMorgan Chase, and Wells Fargo, are scheduled to reveal their earnings.
