Stocks Close Lower on Wall Street Ahead of Earnings Reports

Stocks Close Lower on Wall Street Ahead of Earnings Reports
A trader stands outside the New York Stock Exchange in New York on Sept. 23, 2022. Mary Altaffer/AP Photo
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Wall Street added to its recent string of losses Monday, as stocks fell ahead of a busy week of inflation updates and the start of corporate earnings reporting season.

The S&P 500 fell 0.7 percent, extending its losing streak to a fourth day. The Dow Jones Industrial Average lost 0.3 percent after wavering between small gains and losses, and the Nasdaq composite fell 1 percent. The Dow and Nasdaq have also closed lower the past four trading days.