Wall Street Starts New Week Lower Ahead of Inflation Data

July 10, 2023Updated: July 10, 2023

Wall Street’s main indexes opened slightly lower on Monday as investors stayed cautious ahead of a key inflation report, while weak data out of China fanned worries of a looming economic slowdown.

The Dow Jones Industrial Average fell 29.20 points, or 0.09 percent, at the open to 33,705.68. The S&P 500 opened lower by 4.72 points, or 0.11 percent, at 4,394.23, while the Nasdaq Composite dropped 15.34 points, or 0.11 percent, to 13,645.37 at the opening bell.

Alito Warns Congress Has Power to ‘Turn Off the Lights’ at Supreme Court, Defund Activities
RELATED
Dollar Recovers a Touch, Inflation Data Boosts Norway's Crown, Hurts China's Yuan