Posted 11/20/2023, 6:34:00 PM
Stocks Edge Higher as Microsoft Rises on Altman Hire, Kohl's Falls on Executive Departure
- Wall Street stocks gain ground Monday, with S&P 500 up 0.7% and Dow up 0.5%
- Microsoft stock rises 2.3% on news it's bringing on Sam Altman after his OpenAI ouster
- Kohl's stock falls 1.4% as president/COO Dave Alves resigns after less than a year
- Upcoming week light on major economic reports; focus remains on cooling inflation
- Nvidia earnings on Tuesday and Fed meeting minutes on Wednesday are highlights