WALL ST TEPID AHEAD OF FED DECISION, TECH. EARNINGS THIS WEEK

U.S. main stock indexes were sluggish on Monday as investors awaited major events this week including the Federal Reserve's interest rate decision and big-ticket tech earnings that could test Wall Street's record breaking rally.

A slew of megacap earnings will be under investor lens after disappointing forecasts from Intel and Tesla last week deepened concerns about overvaluation of the momentum stocks that have spearheaded a market rally since last year's end.

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