Dow falls for third-straight day as investors await inflation data, bank earnings; European stocks close lower as sentiment remains choppy 
The three major U.S. stock indexes closed lower for a third-straight session Tuesday ahead of a key inflation reading and a kick-off to third-quarter earnings season. 
The Dow Jones Industrial Average shed about 118 points, or 0.3%. The S&P 500 ticked down 0.2%. The Nasdaq Composite traded 0.1% lower. 
The International Monetary Fund on Tuesday cut its global growth forecast, citing supply chain challenges and persistent Covid spread. 

The pan-European Stoxx 600 closed 0.1% lower provisionally, paring losses slightly after falling as much as 1.2% in early deals. Health care, retail and basic resources stocks fell 0.5% each, leading the losses. 
Germany’s latest ZEW survey of economic sentiment fell for the fifth consecutive month, the institute reported on Tuesday, as supply bottlenecks continued to weigh on Europe’s largest economy. The index fell to 22.3 points, below an estimate of 24.0, while current conditions sentiment plunged to 10.3 points to 21.6 against a consensus forecast of 28.5. 
Source: CNBC, Investing.com