: CORRECTION: Dow finishes higher but sees first ‘death cross’ since March 2022

U.S. stocks finished mixed on Monday as the Dow managed to eke out a narrow gain ahead of a key inflation report due out early Tuesday. However, the blue-chip gauge wasn’t able to avoid seeing its 50-day moving average close below its 200-day moving average, sending its first “death cross” signal since March 2022, according to Dow Jones Market Data. The Dow Jones Industrial Average DJIA gained 54.77 points, or 0.2%, to 34,337.87, according to preliminary closing data from FactSet. The S&P 500 SPX fell by 3.69 points, or 0.1%, to 4,411.55. The Nasdaq Composite COMP shed 30.36 points, or 0.2%, to 13,767.74. A death cross is a popular momentum indicator used by technical stock-market analysts.

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