US: Wall St starts new week lower ahead of inflation data

WALL Street’s main indexes opened slightly lower on Monday (Jul 10) 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 per cent, at the open to 33,705.68. The S&P 500 opened lower by 4.72 points, or 0.11 per cent, at 4,394.23, while the Nasdaq Composite dropped 15.34 points, or 0.11 per cent, to 13,645.37 at the opening bell. REUTERS