U.S. stocks opened lower on Monday as the S&P 500 and Dow Jones Industrial Average headed for their fifth day of losses as rising Treasury yields and rampant dollar strength continued to weigh on the market. The S&P 500 [s:spx] was off 8 points, or 0.2%, at 3,685. The Nasdaq Composite COMP,
AUDUSD consolidates ahead of US inflation report
The AUDUSD pair remains under downward pressure, trading within a range amid expectations of RBA policy easing and the upcoming US inflation data. The rate