Wall Street’s main indexes have slipped on a drag from shares of Tesla, while investors await earning reports from US retail giants and economic data later in the week to gauge the strength of consumer spending.
Tesla fell 3.2 per cent in early trade on Monday and was among the top drags on the S&P 500 and Nasdaq, after the electric automaker said it has cut prices in China for some Model Y versions.
The move made the consumer discretionary sector the biggest loser among major S&P…
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