Divided day on Wall Street, Dow Jones drops 81 points
NEW YORK, New York - U.S. stocks were mixed but little changed on Monday, while the focus remained on the outlook for inflation and interest rates, with the latest Consumer Price Index scheduled for release on Wednesday.
"Rates fell from their recent highs after the Fed's dovish turn, further boosting the outlook for growth," strategist Venu Krishna wrote in a note Monday. "We remain Positive on Growth in the U.