US stocks have opened mostly lower, continuing their downward lurch on a quiet day as far as economic news.
Five minutes into trade on Monday, the Dow Jones Industrial Average dropped 16.19 (0.11 per cent) to 15,065.28.
The broad-based S&P 500 slipped 2.21 (0.13 per cent) to 1,653.62, while the tech-rich Nasdaq Composite Index added 3.05 (0.08 per cent) at 3,605.82.
Monday's trade comes on the heels of two straight losing weeks ont he back of mediocre economic data, poor earnings for the retail sector and a jump in bond yields at concern the Federal Reserve could soon begin tapering its bond-buying program.
This week's economic calendar features the release of minutes from the Fed's last policy meeting and several important housing market indicators, as well as the Fed's annual conference in Jackson Hole, Wyoming, on August 22-24.
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