U.S. indices were trading lower for much of the day before recovering into the close as investors await this week's Fed meeting, which is expected to begin on Tuesday.
U.S. indices are trading higher despite worse-than-expected U.S. jobless figures and inflation data. While jobless claims slightly missed consensus estimates, they fell for the sixth straight week.
MoneyLion, a financial wellness platform, formally announced its first-quarter 2021 results.
What Happened: MoneyLion is a holistic platform for wealth accumulation and management.
Gainers
Five Below (NASDAQ: FIVE) shares are trading higher after the company reported better-than-expected Q1 EPS and sales results and issued Q2 EPS and sales guidance above estimates.