Wall Street Down Ahead Of Key Economic Data

Wall Street Down Ahead Of Key Economic Data

(Reuters) - Major US indices fell on Monday as investors took a break in anticipation of important macro data later this week.

"Markets can assess and have already analyzed in part the pressure that the second wave of the pandemic is and will exert on the economy until a vaccine is available with which the population can begin to return to normal life.", - said Keith Buchanan of GLOBALT.

"The question is whether the market's predictive mechanism is strong enough to outweigh what appears to be an unforgiving virus and the challenges it presents to day-to-day economic activity.", - he added.

By 19:21 Moscow time, the Dow Jones index fell 1.26% to 29.534 points, the S index&P 500 - by 0.86% to 3.607.1 points, and Nasdaq - by 0.72% to 12.118.65 points.

(Shriya Ramakrishnan and Medha Singh in Bangalore. Translated by Alexey Kuzmin. Editor Marina Bobrova)