04:04 PM EDT, 08/12/2024 (MT Newswires) -- US benchmark equity indexes ended mixed Monday as markets awaited key inflation data due later in the week.

* The US producer prices report for July is scheduled to be released Tuesday, while consumer inflation data are due Wednesday. Government data are likely to show the consumer price index rose 0.2% sequentially and 3% annually last month, according to a Bloomberg-compiled consensus.

"Coupled with a cooler July employment report, any minimal improvement in price pressures will likely be enough to prompt the proverbial green light to reduce the federal funds rate," Stifel said in a Monday note to clients.

* The New York Fed's inflation expectations survey for July showed no changes to the outlook for the one-year and five-year horizons, at 3% and 2.8% respectively, but the outlook for the three-year horizon fell to a series low of 2.3% from 2.9% in the June survey.

* September West Texas Intermediate crude oil closed up $3.22 to settle at $80.06 per barrel, while October Brent crude, the global benchmark, was last seen up $2.25 to $81.91 on heightened Middle East tensions.

* KeyCorp ( KEY ) secured a $2.8 billion investment from Bank of Nova Scotia ( BNS ) in return for a minority stake in the US bank. KeyCorp ( KEY ) shares jumped 8.8%.

* JetBlue Airways ( JBLU ) shares plunged 21% after the company said it plans to offer $400 million in convertible senior notes due 2029. The company and its subsidiary JetBlue Loyalty also plan to launch a private offering of $1.5 billion in senior secured notes due 2031 and a $1.25 billion senior secured term loan B due 2029.