U.S. stocks slipped slightly Monday, as the price of oil continued to fall, weighing on stocks, and as investors scoured economic reports for clues on the pace of growth.

Oil prices edged lower, with West Texas Intermediate losing 1.21% to $44.61 a barrel, while Brent shed 0.34% to $49.42 a barrel.

“There are some openings to pick holes in this report”, said Briefing.com analyst Patrick O’Hare, who nonetheless expects the US Federal Reserve to lift interest rates soon.

Priceline and Tesla Motors gained 3.5 per cent and 2.4 per cent, respectively, ahead of earnings releases Wednesday.

The ADP unemployment report is expected to see a slight decline in the number of private sector jobs in July of 210K, down from 237K in June.

Nevertheless, robust monetary well being corporations, like Fitbit, have extra flexibility to select and select their very own paths, says James Gellert, chairman and CEO at Speedy Scores Worldwide Inc.

In Europe, the lingering concern about China’s economy dragged down mining shares, but most other indexes climbed.

Tyson Foods shares fell 9.9 per cent during Monday’s session after the biggest US meat processor cut its profit forecast for the year, citing export market disruptions in its beef business and high cattle costs.

In the week ended 1 August, initial claims increased by 3,000 to reach 270,000, according to figures published by the Department of Labor, in line with consensus for a 272,000 reading.

So far this week the Dow has lost almost 2 percent, hovering at its lowest point in six months after mixed earnings from media conglomerate Walt Disney Co. The Euro Stoxx 50, which tracks large-cap companies in the eurozone, fell 0.39%.

Etsy, an online marketplace for vintage and handmade goods, sank 22.0 percent after reporting a second-quarter loss of $6.4 million.

Bond prices rose. The yield on the 10-year US Treasury fell to 2.15 percent from 2.19 percent Friday, while the 30-year dropped to 2.86 percent from 2.91 percent.