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US stocks move lower as investors see hotter inflation and higher rates on the horizon

1 month ago   |   By Business Insider

Summary List Placement US stocks mostly moved lower Monday as investors prepared to see a potential kick higher in consumer price inflation while facing concerns about a new corporate minimum tax rate worldwide.
The S&P 500 edged back from an earlier gain and moved slightly farther away from a near-record high but tech stocks as tracked on the Nasdaq Composite reversed course and gained ground.
Here's where US indexes stood at 4:00 p.m. on Monday:
S&P 500 : 4,226.46, down 0.08%
Dow Jones Industrial Average : 34,629.58, down 0.36%
Nasdaq Composite : 13,881.72, up 0.49%
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