Wall Street retreated Monday, unable to extend a broad advance inspired by last week’s Federal Reserve rate cut. Investors nervously awaited fresh economic data.

Reports begin rolling out Tuesday on existing home sales data for August and the Richmond Fed’s regional manufacturing survey. Many investors hope readings on durable goods and consumer spending later this week will give the Fed room to cut rates still further.

However, lower rates – and the potential for more cuts – continued to weigh down the U.S. dollar. The U.S. currency dropped to a 15-year low against six other major currencies. [MORE]