Stocks Slip as Traders Watch Investigation Unfold on Attack in Nice, France

The suspected terror attack in Nice, France may put an end to Wall Street's record setting streak this week. So far, investors seem to be taking a 'wait and see' attitude while the investigation continues. 84 people were killed in that attack in the French Riviera as celebrations took place for Bastille day. Presumptive Republican Presidential nominee Donald Trump has postponed today's planned announcement of his Vice Presidential choice. China's GDP came in at 6.7%, which was just above expectations. The Chinese government is aiming for growth of 6.5 to 7% this year, a slower pace than what the world's second-largest economy had got accustomed to in the past two decades. The Wall Street Journal is reporting that Xerox (XRX) - Get Report  has rejected a proposed merger with R.R. Donnelly (RRD) - Get Report . In January, Xerox announced plans to break into two businesses, splitting its business-outsourcing operations from its legacy printer and copier division. Xerox's board reportedly believed its own plan was less risky.