Why the Stock Market Is Focused on the Newest Megamerger

·3-min read
Why the Stock Market Is Focused on the Newest Megamerger

The stock market wasn't able to sustain its upward momentum from before the weekend, with major market benchmarks moving lower on Monday morning. Investors remain concerned about inflationary pressures and their potential to upset the delicate balance that has led to such impressive bull market returns over the past year. The S&P 500 (SNPINDEX: ^GSPC) had slid 23 points to 4,151, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) had fallen 100 points to 13,330.

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