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Dow industrials up more than 200 points in final hour of trading, poised for fourth straight session of gains

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All three major U.S. stock indexes remained higher in the final hour of trading on Monday, as traders await Tuesday’s consumer price index report for August. Investors are optimistic that the data will show signs that inflation is easing further, following July’s unexpected drop to an 8.5% annual headline rate. Dow industrials DJIA, +0.71% were up by 219 points, or 0.7%. The S&P 500 SPX, +1.06% was up by 1%, while the Nasdaq Composite COMP, +1.27% was higher by 1.2%.

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