US stocks close lower as investors await retail earnings
US stock indexes fell on Monday as investors looked ahead to major retailers’ quarterly results for clues on consumer spending.
Key Takeaways
AIUS stock indexes closed lower on Monday as investors awaited quarterly results from major retail companies for insights into consumer spending in the United States.
The S&P 500 dropped 39.55 points, or 0.51%, to end at 7,746.21. The Nasdaq Composite fell 76.87 points, or 0.31%, to 26,652.29, while the Dow Jones Industrial Average declined 263.21 points, or 0.49%, closing at 53,469.20.
