By Staff Reporters
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- US stocks closed lower to start the week with the NASDAQ Composite slipping by over 2% as investors get ready for earnings to roll in and await key inflation data set to be released midweek. A wave of companies will kick off quarterly earnings season starting this week.
- The Russian ruble slipped back past the 61 level against the dollar after volatile swings in recent sessions, as the market continued to wait for updates on currency interventions.
- Shares of Las Vegas Sands (NYSE: LVS) fell as much as 10%, while Wynn Resorts (NASDAQ: WYNN) fell 10%, and Melco Resorts (NASDAQ: MLCO) plunged 13.8%.
- The euro and the dollar are under half a penny away from parity for the first time in 20 years
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