Dow leads Wall Street higher in lean trading week

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NEW YORK, March 27 — Wall Street’s main stock indexes ticked higher today, with the blue-chip Dow leading gains in thin trading ahead of crucial economic data, commentary...

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Investors looked forward to comments from Fed Board Governor Christopher Waller, who is set to speak at the Economic Club of New York later in the day.“The Fed’s Chris Waller may offer a rebuke of Jay Powell’s dovishness today,” said Thierry Wizman, global FX & rates strategist at Macquarie. The Personal Consumption Expenditures Price Index , the Fed’s preferred inflation gauge, is due on Good Friday, when the US stock market will be closed.Also on tap this week is the final fourth-quarter GDP print, the University of Michigan’s reading of consumer sentiment and weekly jobless claims data.

 

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