NEW YORK — Stocks were mixed in quiet trading Monday as Wall Street stays in a holding pattern ahead of a potentially big week. While that calmed worries about an imminent recession, it also forced Wall Street to raise its forecasts for how high the Fed will take interest rates. On Wall Street, technology stocks were some of the market's strongest. Bigger action may be ahead this week, with several potentially market-moving events on the calendar. If the reading it stronger than expected, particularly if it shows a big gain in wages, it could shake Wall Street and force it to raise rate expectations even higher.

Source: Daily Sun March 06, 2023 22:46 UTC