US Stocks Face Caution Ahead of Monday Open Amid Interest Rate Concerns
The US stock market is set to open on Monday with a sense of caution as traders reevaluate their expectations concerning interest rates, oil prices, and economic figures.
The Dow Jones Industrial Average has been trading near all-time highs, while tech stocks have gained support due to the strong demand for artificial intelligence.
Nvidia's forecast on its earnings outlook has boosted the AI theme, but high valuations and rising interest rates remain headwinds.