Wall Street stocks edged up Monday as investors assessed the Fed's path and a possible government shutdown.
The Dow edged up 43 points and the Nasdaq composite added 0.5%. Stocks have struggled recently as the realization sinks in that the Federal Reserve will likely keep interest rates high well into next year. The Fed wants to ensure inflation gets back down to its target.
The Dow Jones Industrial Average (DJIA) experienced a downturn in intraday trading on Monday, largely influenced by the declining shares of 3M and JPMorgan Chase (NYSE:JPM). The DJIA was reported to be trading 178 points (0.5%) lower during the session.