US stocks closed in the red Monday as Wall Street hoped for US Federal Reserve and European Central Bank stimulus action this week and awaited a report on the July jobs market.
After two big euro-driven rallies late last week, the major indices struggled to maintain modest gains.
The Dow Jones Industrial Average was down 3.33 points (0.03 percent) to 13,072.33 in closing trade.
The S&P 500 slipped 0.69 point (0.05 percent) to 1,385.28 and the Nasdaq shed 12.25 (0.41 percent) to 2,945.84.
"The market focus is on squarely on the Fed's policy meeting on Wednesday and a European Central Bank meeting on Thursday," said Dick Green at Briefing.com.
"Equity market participants are hoping for central bank action that will decrease economic risk, increase liquidity, and in theory therefore boost stock prices."
