Dow Jones rose as the Nasdaq retreated from a 20-month high-US Market

     The Dow Jones industrial average traded 0.3% higher Monday afternoon, while the S&P 500 rose 0.1% and the Nasdaq slipped 0.2%.

     Investors will get fresh inflation data this week, with November's consumer price index (CPI) to be released on Tuesday and discussed during the Federal Reserve's two-day policy meeting, which ends on Wednesday. On that day, the wholesale inflation rate data for November will also come out.

     Wall Street is confident the Fed will leave interest rates unchanged this week. All eyes will be on Fed Chairman Jerome Powell's press conference and the dot plot, a quarterly survey of each Fed policymaker's views on the economy and interest rates. The last dot plot in September sent the market into a frenzy. The S&P 500 fell 2.5% in two days and the 10-year Treasury yield rose 13 basis points.

     Treasury yields bounced to three-month lows on Monday, while cryptocurrencies fell and the dollar rose.

     Stocks rose for a sixth consecutive week last Friday after a surprisingly strong jobs report, which saw the unemployment rate fall to 3.7%.