Stock Market Still 'Slow', Investors Awaiting Important Economic Data

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The United States (US) stock market registered little movement as investors prepared for the release of labor data and corporate earnings announcements.


Ford Motor is having a tough time, seeing its stock down 6% after sharing a cautious outlook for the year.


On the other hand, VF Corp, a well-known apparel company, saw an increase of 23% due to better-than-expected results.


Earlier on Monday, major stock indexes showed slight gains with the Dow Jones up 0.65%, the S&P 500 by 0.27%, and the Nasdaq by 0.26%.


Most sectors in the S&P 500 rose, particularly financials, materials and utilities, although energy stocks fell due to lower oil prices.


The drop followed relief in markets after Israeli airstrikes in Iran avoided oil and nuclear areas, easing concerns.


Looking ahead, investors watch for upcoming job market data, which can provide information about job trends.


Additionally, earnings from major tech giants, including Apple, Amazon, Meta, Microsoft and Alphabet, are scheduled this week.

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