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Wall St starts new week lower ahead of inflation data
© Reuters. A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 7, 2023. REUTERS/Brendan McDermid
(Reuters) – Wall Street’s main indexes opened slightly lower on Monday as investors stayed cautious ahead of a key inflation report, while weak data out of China fanned worries of a looming economic slowdown.
The fell 29.20 points, or 0.09%, at the open to 33,705.68. The opened lower by 4.72 points, or 0.11%, at 4,394.23, while the dropped 15.34 points, or 0.11%, to 13,645.37 at the opening bell.
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