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Stocks fluctuate ahead of inventories report

Stocks fluctuate ahead of inventories report

U.S. stocks are fluctuating in early trading as investors avoid making any big bets before a report on wholesale inventories later Friday.
Domestic economic reports over the past two weeks have topped modest forecasts, sending stocks higher. While the economy is not robust by any measure, beating economists' estimates has reduced worries about the economy falling back into recession.
The impending report is expected to show wholesale inventories and sales rose in July, adding to the signs of continued expansion.
The Dow Jones industrial average is down 7, or 0.1 percent, at 10,409. The S&P 500 is up less than 1 point at 1,104, while the Nasdaq composite is down 2, or 0.1 percent, at 2,234.


Updated : 2021-06-18 17:43 GMT+08:00