The Columbus Dispatch

Tech gains but industrial­s slide, leaving indexes mixed

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NEW YORK — U.S. stocks were split Monday as technology companies continued to climb, but Boeing and other industrial companies gave back some of the ground they won on Friday.

Companies like Apple and Alphabet, Google’s parent company, and chipmakers including Micron Technology have led the market’s recovery in recent weeks. Retailers including Amazon and Starbucks also made headway. The market was coming off its biggest gain in a month following the February jobs report, which showed strong hiring and moderate growth in wages.

Inflation has been the market’s dominant concern over the last six weeks, and two more measuring sticks of inflation will be reported this week as the Labor Department discloses data on consumer prices Tuesday morning and producer prices on Wednesday.

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