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(Reuters) -Wall Street’s main indexes firmed ahead of closely watched economic data this week as investors grappled with concerns over inflation and the latest leg of a surge in so-called “meme stocks”.
FILE PHOTO: Morning sunlight falls on the facade of the New York Stock Exchange (NYSE) building after the start of Thursday s trading session in Manhattan in New York City, New York, U.S., January 28, 2021. REUTERS/Mike Segar/File Photo
The technology sector rose 0.9%, providing the biggest boost to the benchmark S&P 500, while communication services and materials eased.
A weekly unemployment report and May private payrolls data on Thursday will be followed by monthly jobs numbers on Friday.