Stocks Slide to Start August After Best Month Since 2020

Stocks Slide to Start August After Best Month Since 2020
People walk outside of the New York Stock Exchange (NYSE) in New York on July 25, 2022. Spencer Platt/Getty Images
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Stocks on Wall Street gave up early gains and closed slightly lower Monday as investors began another busy week of company earnings and economic reports.

The S&P 500 gave up an early gain to end down 0.3 percent. The Dow Jones Industrial Average dipped 0.1 percent and the Nasdaq fell 0.2 percent. Smaller company stocks also gave back some of their recent gains, nudging the Russell 2000 0.1 percent lower.