The decline comes ahead of a plethora of economic data due this week, including the Federal Reserve's statement on interest rates and the state of the economy, as well as government figures for monthly retail sales.
The Dow Jones industrial average <.DJI> dropped 50.56points, or 0.54 percent, to 9,319.51. The Standard & Poor's 500 Index <.SPX> fell 5.88 points, or 0.58 percent, to 1,004.60. The Nasdaq Composite Index <.IXIC> lost 12.65 points, or 0.63 percent, to 1,987.60.
NYMEX-NEW YORK, Aug 10 (Reuters) - U.S. crude oil futures ended lower on Monday in choppy trading, weighed by Wall Street's dip on profit-taking after a four-week rally.
On the New York Mercantile Exchange, September crude
CBOT-SOYBEANS - August
Weighed down by long-liquidation and profit-taking before the release on Wednesday of USDA's August crop and supply/demand reports.
CBOT-SOYOIL - August
FCPO-JAKARTA, Aug 10 (Reuters) - Malaysian palm oil futures rose 2.6 percent to their highest close in near eight weeks on Monday as investors shrugged off poor early-August exports and focused on lower palm oil stocks in July, a bullish factor for prices, traders said. Palm prices correlate inversely with palm oil stocks.
Crude palm oil stocks at the world's number 2 producer fell 5.67 percent to 1,328,440 tonnes from a revised 1,408,317 tonnes in June, the Malaysian Palm Oil Board (MPOB) said, beating market expectations for a 3.7 percent fall to 1.35 million tonnes.
The benchmark October contract
REGIONAL EQUITIES-BANGKOK, Aug 10 (Reuters) - Indonesia's bourse <.JKSE> rose 1.7 percent on Monday as favourable quarterly GDP data bolstered buying of big-cap shares such as Bumi Resources and Astra Agro, but shares in Malaysia and Thailand mostly lost early gains.
Malaysia's index <.KLSE> edged up 0.3 percent, Thailand's <.SETI> inched down 0.07 percent, the Philippine index <.PSI> rose 2.4 percent and Vietnam's <.VNI> climbed 2.2 percent. In Kuala Lumpur, gainers were led by a 1.3 percent rise in Axiata Group