March 04, 2024 - 1:07 PM
NEW YORK (AP) — Stocks edged lower on Wall Street at the start of a busy week. The S&P 500 slipped 0.1% Monday, coming off its latest all-time high. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq composite fell 0.4%. Later this week, Federal Reserve Chair Jerome Powell will speak before Congress. What he says could sway expectations for when the Fed will start cutting interest rates, now expected in June. The latest monthly jobs update will also arrive at the end of the week.