US STOCKS-Wall St slips as investors brace for inflation data

Wall Street’s main stock indexes dipped on Monday, as investors awaited key inflation data this week that could provide cues on the U.S. Federal Reserve’s monetary policy path after a mixed jobs report last week. All three major U.S. stock indexes had ended the week lower on Friday, with the S&P 500 and Nasdaq coming off record highs as high-flying chip stocks fell and a labor market report showed more new jobs than expected, while the unemployment rate rose unexpectedly.