US stocks end down ahead of US data
Wall Street stocks finished lower on Monday ahead of key US economic data. Investors are waiting for key US employment and consumer pricing data later in the week, alongside a public appearance by Federal Reserve Chair Jerome Powell that will offer clues on whether a hoped-for moderation in monetary policy is in the cards. The Dow Jones Industrial Average finished down 1.5 percent at 33,849.46. The broad-based S&P 500 shed 1.5 percent as well to 3,963.94, while the tech-rich Nasdaq Composite Index dropped 1.6 percent to 11,049.50. After last week's advance, US indices were in the red the entire day, finishing near session lows. (AFP)