U.S. stocks fall ahead of inflation data

U.S. stocks closed lower on Monday as investors positioned ahead of key inflation data due later this week.

The Dow Jones Industrial Average fell 200.52 points, or 0.45 percent, to 43,975.09. The Standard and Poor's 500 slipped 16 points, or 0.25 percent, to 6,373.45, while the Nasdaq Composite declined 64.62 points, or 0.30 percent, to 21,385.40.

Eight of the eleven major Standard and Poor's 500 sectors ended in negative territory. Energy led the declines with a 0.79 percent drop, followed by real estate, which lost 0.65 percent. Consumer staples and consumer discretionary were the only sectors to post gains, rising 0.17 percent and 0.14 percent, respectively.

Attention now turns to inflation readings that could determine the Federal Reserve's next move on interest rates. The consumer price index for July is due Tuesday, followed by the producer price index on Thursday.

U.S. stocks fall ahead of inflation data

U.S. stocks fall ahead of inflation data

Canadian Prime Minister Mark Carney arrived in Beijing on Wednesday for an official visit to China through Saturday.

This visit marks the first trip to China by a Canadian Prime Minister in eight years.

When briefing on the visit of Carney, a Chinese foreign ministry spokesperson said China looks forward to taking this visit as an opportunity to enhance dialogue and communication, increase political mutual trust, expand practical cooperation, properly manage differences, address each other's concerns and consolidate the momentum of improvement in China-Canada relations to bring greater benefit for the two peoples.

Canadian PM arrives in Beijing for official visit