*WALL STREET SLIPS TO START THE WEEK, DOLLAR GAINS AS FED SEEN HIKING RATES IN MAY $DIA $SPY $QQQ $USD 🇺🇸🇺🇸
NEW YORK - U.S. stock indexes fell and the dollar rose on Monday after strong jobs data last week suggested the Federal Reserve will hike interest rates in May, while the yen weakened after Japan's new central bank governor vowed to maintain ultra-loose policy.
Consumer price index data on Wednesday will encourage the market to see a rate hike next month, but the more important data will be Thursday and Friday when reports will show the extent of banks' emergency funding, said Marc Chandler, chief market strategist at Bannockburn Global Forex, in New York.
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