NEW YORK (TheStreet) -- Stocks were slightly lower on Monday morning, trading without direction in a quiet start to the week. After last week's blowout jobs report, Wall Street will have little data in which to assess the economy's health until retail sales for May are released on Thursday.
The S&P 500 was down 0.17%, the Dow Jones Industrial Average fell 0.1%, and the Nasdaq slipped 0.33%.
"This week's economic data docket is relatively light and the main focus will be May retail sales, released on Thursday," Deutsche Bank analysts wrote in a note. "Whether or not the economy grows above trend in the current quarter and beyond will depend largely upon the U.S. consumer."
Retail sales are expected to increase 1.3% in May after a flat reading in April. The measure has remained weak despite improving consumer confidence and continued strength in the labor market.
Casino stocks were under pressure after Sterne Agee CRT analysts published new estimates indicating gambling capital Macau had seen a sluggish start to the month. Channel checks show the revenue run rate down 46% from a year earlier in the first week of June.
Deutsche Bank (DB) surged 5.7% after a C-level suite shakeup. Co-CEOs Jurgen Fitschen and Anshu Jain will step down from their roles with the former leaving mid-2016 and the latter to step down by the end of this month. John Cryan has been named the new co-CEO and will assume his seat on July 1.