Posted 2/27/2024, 9:07:00 PM
Stocks Mixed Ahead of Inflation Data; Macy's Announces Store Closures, Viking Therapeutics Soars on Drug Trial Success
- Stocks were mixed Tuesday ahead of key inflation data later in the week
- Macy's shares rose after announcing plans to close 150 stores
- Viking Therapeutics stock soared 120% on positive trial results for a weight loss drug
- Consumer confidence and durable goods data came in weaker than expected
- Crude oil and natural gas futures settled higher ahead of weekly inventory reports