US stocks slipped below their record highs on Monday as Wall Street waits for an update on inflation: The S&P 500 fell 16 points, or 0.2%, to 6,373. The Dow fell 200.
US stocks slipped below their record highs on Monday as Wall Street waits for an update on inflation:
The highlight of this week for Wall Street is likely to arrive on Tuesday, when the government will report how bad inflation was across the country in July, per the AP. A hot reading could discourage the Federal Reserve from delivering the cuts to interest rates that President Trump has been demanding.
