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Barchart
Barchart
Rich Asplund

Stocks Decline Ahead of US Inflation News

The S&P 500 Index ($SPX) (SPY) Monday closed down -0.25%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.45%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.36%.  September E-mini S&P futures (ESU25) fell -0.28%, and September E-mini Nasdaq futures (NQU25) fell -0.40%.

Stock indexes on Monday gave up an early advance and settled lower.  Position squaring and long liquidation pressures ahead of this week's US inflation reports on July CPI and PPI weighed on stocks Monday. 

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