US stocks today: Wall Street trades in red ahead of crucial week; Dow slips 60 points, Nasdaq down 0.11%

US stocks today: Wall Street trades in red ahead of crucial week; Dow slips 60 points, Nasdaq down 0.11%

Wall Street began the week on a cautious note on Monday, with investors holding back as they waited for a busy line-up of corporate earnings and a key speech from the Federal Reserve chief later this week.US stocks began the day trading near their record highs but slowly drifted in red.The Dow Jones Industrial Average was down 63 points or 0.14%, reaching 44,882. The Nasdaq Composite Index, plunged 23 points or 0.11%, trading at 21,599 at 7.35 PM IST.The S&P 500 Index, which also stood still at 6,446, shredding 3 points or 0.06%. This week will see major US retailers including Home Depot, Lowe’s and Walmart publish their quarterly results. Analysts say these updates will provide a closer look at how President Donald Trump’s sweeping…

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