U.S. stock indexes held roughly in place Monday ahead of an inflation report that could show how realistic Wall Street's hopes are for easier interest rates. The Standard & Poor's 500 index slipped 5.75 points, or 0.1%, to 5,117.94, coming off just its third losing week in the last 19. It’s still near its all-time high set Thursday, buoyed by expectations that cuts to interest rates are coming this year and by signals that the economy remains remarkably resilient.
Bitcoin, which proponents sometimes pitch as “digital gold,” also rallied to a record. It rose above $72,000 after sitting below $17,000 at the start of last year. It's more than bounced back from its prior peak of nearly $69,000. On Wall Street, Oracle rose 1.5% before it released its latest earnings report after trading finished for the day. Its profit topped analysts' expectations, and its stock rose more in after-hours trading.