#Oil_prices settled higher Monday, as signs of an improving economy in #China boosted demand hopes at time when wildfires in China threaten supplies.  AT 14.30 ET (19:30 GMT), Brent oil #futures climbed 0.5%, to $83.21 a #barrel, while U.S. West Texas Intermediate crude futures rose 0.8%, to settle at $78.92 a barrel. #Chinese #inflation data

  #JPMorgan strategists said Monday they maintain a cautious stance on small and mid-cap (#SMid-caps) stocks as they “don’t see enough of a return to warrant taking on equity risk at this #juncture.” #Historically, interest rates have not moved lower in short order, #strategists highlighted, while #growth appears weaker this time #around and may not

   The S&P 500 was flat Monday as #investors awaited key inflation #report due later this week that will likely play a role in shaping the Federal Reserve’s monetary policy outlook.  At 16.00 ET (21:00 GMT), the #Dow #Jones Industrial Average fell 81 points, or 0.2%, the S&P 500 was 0.02% lower and the NASDAQ Composite gained 0.3%. The main

  #Analysts at #Goldman Sachs and #Wolfe #Research released notes Monday highlighting their worries regarding the U.S. federal debt.  #Goldman Sachs told investors that the fiscal outlook is “not good, but a little better,” with the federal #budget deficit looking likely to settle at around $1.8 trillion this year, #$100 #billion more than its prior #estimate.

   #Bitcoin price rebounded on Monday, as investors anticipated upcoming United States inflation data for April, which could play a crucial role in influencing the Federal Reserve’s decision on whether and when to reduce borrowing costs in 2024. The #dollar fell slightly on the day, relieving some of the pressure on #crypto markets. #3Bitcoin climbed 2.5%