Global stock markets fell back Monday as traders awaited key earnings reports notably from chip giant Nvidia and amid concerns the US Federal Reserve could hold off on further rate cuts this year.
On Wall Street the Dow was off 0.2 percent at 47,033.52 points a few minutes into trading, with the tech-heavy Nasdaq down by a similar margin. The broader based S&P 500 Index pulled back 0.3 percent to 6,711.92.
Besides Nvidia, which was off 1.6 percent, US retailers including Home Depot, Target and Walmart are also set to release their earnings reports, which will be monitored for signs of how consumers are faring as President Donald Trump's tariffs bite.
Traders are also awaiting US government data on how the labour market fared in September. The numbers are due for publication Thursday, af

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