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US Equity Markets Close Mixed Monday Ahead of Inflation Data
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US Equity Markets Close Mixed Monday Ahead of Inflation Data
Mar 11, 2024 1:28 PM

04:06 PM EDT, 03/11/2024 (MT Newswires) -- US equity markets ended mixed Monday ahead of the release of consumer inflation data for February on Tuesday.

* Consumer expectations for one-year US inflation growth remained at 3% in February, unchanged from the previous month, a survey released by the New York Federal Reserve Bank showed.

* April West Texas Intermediate crude oil closed up $0.10 to $78.11 per barrel, while May Brent crude, the global benchmark, was last seen up $0.33 to $82.41.

* Presumptive Republican presidential nominee Donald Trump called Meta Platforms' ( META ) Facebook an "enemy of the people" in a CNBC interview and said the social-media platform could get "bigger" if social media app TikTok is banned.

* Apple ( AAPL ) shares were up 1.1% after the company said it is opening a new store in Shanghai on March 21.

* Boeing ( BA ) shares fell nearly 3% after media reports that the company is under investigation by the US Department of Justice determining whether the door blowout on its 737 Max jetliner on the Alaska Air Group (ALK) flight in January violated the terms of a 2021 settlement.

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