The S&P 500 traded sideways today, as investors paused for breath ahead of key economic data releases expected later this week. Market participants are keenly awaiting these figures to gauge the direction of the economy and inform their investment strategies. Analysts predict that the data will provide further clarity on inflation, employment, and overall economic growth.

Trading volume was lighter than usual, reflecting the cautious sentiment prevailing in the market. Some sectors showed modest gains, while others experienced slight declines, resulting in a largely flat performance for the benchmark index.