US stocks fall amid data, earnings
New York Oct 31 (IANS) US stocks traded mostly lower as investors mainly focused on earnings reports as well as economic data.
The Dow Jones Industrial Average on Monday shed 81.57 points or 0.35 per cent to 23 352.62 Xinhua news agency reported.
The S&P 500 lost 10.43 points or 0.40 per cent to 2 570.64. The Nasdaq Composite Index inched down 14.25 points or 0.21 per cent to 6 687.02.
US personal income increased $66.9 billion or 0.4 per cent in September according to the Commerce Department on Monday.
In September US disposable personal income (DPI) increased $53 billion or 0.4 per cent and personal consumption expenditures (PCE) increased $136 billion or 1 per cent.
Meanwhile investors continued to keep a close eye on earnings this week with Apple Tesla and Starbucks among others set to report.
US stocks posted gains for the last week as investors digested a slew of generally upbeat quarterly results amid economic data.
--IANS
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