Wall Street stock indexes opened lower ahead of inflation data and the first wave of major earnings reports later this week. Here’s what we’re watching in Monday’s trading:

Richard Branson’s Virgin Orbit, with a rocket underneath the wing of a modified Boeing 747 jetliner, before its takeoff on a key drop test of its high-altitude launch system for satellites, July 10, 2019.

Photo: mike blake/Reuters

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Write to James Willhite at james.willhite@wsj.com

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