Economy

Wall Street Declines as Investors Await Economic Data

Wall Street Declines as Investors Await Economic Data

Major indices on Wall Street opened lower on Monday as investors awaited a series of economic data set to be released this week, which are likely to shed light on speculation regarding the Federal Reserve's potential interest rate cuts early next year. The Dow Jones Industrial Average fell by 156.12 points or 0.43 percent at the open, landing at 36,089.38. The S&P 500 opened down 30.26 points or 0.66 percent at 4,564.37, while the Nasdaq Composite dropped 136.37 points or 0.95 percent to 14,168.66.

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