U.S. stock index were a bit lower as investors avoid risk ahead of British elections and FBI Director James
Comey's much-expected testimony before Congress.
Comey
plans to talk about conversations in which President
Trump pressured him to drop his investigation into Mike Flynn. Flynn was fired for
failing to disclose conversations with Russian officials.
British
Prime Minister Theresa May's lead over the opposition Labour Party
ahead of the general election has narrowed to just 1% point, according to a poll conducted on Friday and Saturday
before the latest attacks in London.
Oil
prices fell further below , concerns that a diplomatic
rift between Qatar and several Arab states, including Saudi Arabia,
could undermine efforts by OPEC to tighten the market.
Wall Street slipped on Monday as a drop in Apple partly offset gains in energy and financial stocks, some of the market's worst-performing sectors so far .
Still, stocks continue to levitate around record levels, helped by a strong first-quarter corporate earnings season.
Investors
are also keeping an eye on economic data after services sector activity
slowed in May and worker productivity remained unchanged in the first
quarter, suggesting limited scope for faster economic growth.
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