Posted 2/26/2024, 4:35:44 PM
Stocks Pause at Record Highs Ahead of Key Inflation Data
- US stocks took a breather after closing at record highs last week; investors awaiting key inflation data that could test market rally
- Berkshire Hathaway closed in on $1 trillion market cap after posting record annual profit for 2nd straight year
- Domino's shares popped 8% after dividend hike and sales beat
- Amazon replacing Walgreens on the Dow after Walmart's stock split is a reminder of Dow's outdated status
- Stocks slightly higher ahead of data-packed week including PCE inflation reading that factors into Fed rate debate