From Nasdaq:

The China stock market halted an eight-day winning streak, with the Shanghai Composite Index closing just above 2,975 points. Global market forecast is cautious with European and U.S. markets down. On Monday, SCI dropped 27.86 points, driven by losses from financial, property, and resource sectors. In the U.S., major averages ended with mild losses as traders are cautious ahead of key inflation reports. New home sales rebounded in January, but oil prices rose due to concerns about supply disruptions. West Texas Intermediate Crude oil futures for April closed higher at $77.58 a barrel.



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