Earnings and economic data will be in focus as Wall Street opens lower

The S&P 500 and the Dow retreated from record levels, while earnings and data were emphasised.

By Reuters

In the wake of a critical inflation report this week, Wall Street main indexes dropped on Monday, with the S&P and Dow both retreating from record levels.

At the open, the Dow Jones Industrial Average dropped 25.54, or 0.08%, to 33,775.06. While the Nasdaq Composite started lower by 45.75 points, or 0.33%, to 13,854.44, the S&P 500 opened lower by 4.09 points, or 0.10%.