CLOV - Dow Jones Nasdaq start the week with slight gains

Traders are beginning the week with the Fed on their minds as the FOMC meets Tuesday and Wednesday to discuss policy monetary. An accompanying press conference from Jerome Powell is likely to reiterate that recent price increases will be "transitory," though it will be interesting to watch if the concerns will have any affect on the central bank's forecasts. Another area of note is quantitative easing, and if tapering talk even makes it into the conversation.Bigger picture: Investors have so far shrugged off inflation concerns, with equities ending at highs last week despite the CPI expanding at a blistering 5% Y/Y in May. Stock futures inched higher overnight, with the Dow and S&P 500 up 0.1%, respectively, and the Nasdaq ahead by 0.3%. "Because the S&P 500 Index reached yet another new record high last week, investors will be watching to see if this signals even higher levels near term," added Jim Paulsen,

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Dow Jones, Nasdaq start the week with slight gains