Stocks drift ahead of week’s deluge of profit, economic data

Stocks are drifting as Wall Street remains hesitant to make big moves amid questions about where the economy, interest rates and corporate profits are heading. The S&P 500 was 0.1% lower Monday after barely budging last week. More than 170 other companies in the S&P 500 are scheduled to follow it this week. The majority have topped forecasts so far, but expectations were low. A report this week will show how strong the U.S. economy was at the start of 2023. It's one of the final pieces of data ahead of next week's pivotal meeting by the Federal Reserve on interest rates.