US Markets Show Little Movement Ahead of Inflation Data

US markets kicked off the week with minimal movement on Monday, as investors around the globe turned their attention to the impending release of July's inflation data. The figures, due Tuesday, are anticipated to exceed the Federal Reserve's 2% target, sparking widespread speculation about future monetary policy adjustments.

Tech Stocks Under the Microscope

In the tech sector, shares of Nvidia and AMD faced increased scrutiny following reports that the companies would be required to allocate 15% of their China chip sales revenue to the US for export licenses. This development has added another layer of complexity to the already volatile tech market.

Market Indexes and Currency Movements

By 9:30 am ET, the Dow Jones Industrial Average, the S&P 500, and the Nasdaq 100 all showed little change from their previous closes. Meanwhile, the euro experienced a slight decline against the dollar, dropping 0.18% to $1.16209 by 9:28 am ET.