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Wall Street Indexes are Down as Investors Await Inflation Data

This article is authored by Reuters.

Wall Street’s main indexes were down on Monday as investors await inflation data this week and chip companies seesawed after agreeing to share a portion of revenue from China sales with the U.S. under a trade policy shift from the Trump administration.

Nvidia (NVDA.O), opens new tab was flat after reversing premarket losses, and Advanced Micro Devices (AMD.O), opens new tab was up 0.5% in volatile trading. A U.S. official told Reuters the semiconductor majors had agreed to give the United States government 15% of revenue from sales of their advanced chips to China.

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