(Reuters) – Wall Street and global stocks edged up on Monday while oil prices gained and the dollar was little changed, as traders looked ahead to corporate earnings and a key employment report due this week.
The Dow Jones Industrial Average (.DJI) rose 0.28% to 35,560.19, the S&P 500 (.SPX) gained 0.15% to 4,589.15 and the Nasdaq Composite (.IXIC) added 0.21% to 14,346.02.
Apple Inc (AAPL.O) and Amazon.com (AMZN.O) both report on Thursday, while other well-known names with results due include Caterpillar Inc (CAT.N), Starbucks Corp (SBUX.O) and Advanced Micro Devices (AMD.O).
European shares gained modestly after euro zone inflation fell further in July seeing that most measures of underlying price growth also eased. Markets took this as a comforting sign for the European Central Bank (ECB) as it considers ending a brutal string of interest rate hikes.
The pan-European STOXX 600 index (.STOXX) rose by 0.12%, a second consecutive monthly gain. MSCI’s gauge of stocks across the globe (.MIWD00000PUS) gained 0.15%.
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Source: www.reuters.com
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