Dow Jones adds 47 points in choppy day on Wall Street

NEW YORK, New York - U.S. stocks were choppy on Monday as investors and traders awaited February's CPI index to be released on Tuesday.

Sentiment is that the Fed has inflation under control and is likely to start cutting rates by mid-June. Not all in the market however are of that view.

"At the end of the day, markets are probably still too optimistic about the Fed's ability to cut rates significantly in 20