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U.S. stocks dip for a second straight session as oil rises
Investors kept a cautious stance ahead of Wednesday’s inflation data, while oil moved higher.
Investors pulled back again in U.S. equities for a second straight session, as trading remained subdued while participants looked ahead to Wednesday’s inflation report, according to WSJ Markets.
The market’s tone stayed cautious with commentary highlighting the sense of risk management around the upcoming data release, including a call to “sleep with one eye open, hold your pillow tight.”
Oil rose during the session, contrasting with the weaker stock performance as investors balanced energy price movement against the wait for fresh inflation signals.