NEW YORK • Stocks were inching lower on Monday morning as a big week for economic news got underway.
On Wednesday the government will report its first estimate of U.S. economic growth for the second quarter, and on Friday it will publish its monthly jobs survey.
Both reports will give investors a better idea about the strength of the economy and what’s next for the Federal Reserve’s stimulus program. Investors will hear from the Fed on Wednesday after the bank winds up a two-day policy meeting.
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