Stocks closed lower, kicking off a pivotal week for macro data releases starting with inflation figures out on Tuesday. The S&P 500 fell 0.3%, Dow was down 200 points, or 0.5%, and the tech-heavy Nasdaq Composite fell 0.3%. Chief U.S. Economist Stephen Stanley from Santander sees household furnishings and apparel posting sizable advances due to tariff-related price increases in July, but the bigger advances may be visible in categories such as used vehicle prices and airfares.
