*WALL ST DROPS TO START THE WEEK AS FED FEARS MOUNT
- The main U.S. stock indexes ended lower on Monday as investors shifted gears after considering the possibility that the U.S. Federal Reserve may take longer to start cutting interest rates.
"We got that blowout jobs report, and people have had to reassess what the outlook for the Fed and the economy is. Tomorrow it will be interesting to see if Powell continues his transformation from hawk to dove," said Brian Jacobsen, senior investment strategist at Allspring Global Investments.
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