Stock indexes in the United States started the week with gains ahead of the August consumer price index (CPI) report due on Tuesday. According to forecasts, US inflation will ease to 8.1%, compared to 8.5% in July.
The Dow Jones added 0.35% at 9:30 am ET led by Chevron Corp. at 1.51%. The Nasdaq 100 improved by 0.44%, with Gilead Sciences jumping 4.50%. The S&P 500 was up by 0.56% at the same time as Bristol-Myers Squibb Co. surged 6.88%.
The euro traded 0.77% higher against the dollar, selling for 1.01207 at 9:32 am ET.