(For a Reuters live blog on U.S., UK and European stock

markets, click or type LIVE/ in a news window.)

*

Indexes down: Dow 0.18%, S&P 500 0.53%, Nasdaq 0.87%

*

Cisco Systems ( CSCO ) gains after annual revenue forecast hike

*

Disney ( DIS ) warns of long distribution dispute with YouTube TV

(Updates after markets open)

By Twesha Dikshit and Purvi Agarwal

Nov 13 (Reuters) - Wall Street's main indexes fell on

Thursday as caution prevailed ahead of indications on the U.S.

economy and the monetary policy path after President Donald

Trump signed a bill ending the longest government shutdown in

the country's history.

Markets will closely monitor the flow of official data, as a

prolonged absence left both the Federal Reserve and traders

guessing on the economy's health and reliant on private sources.

Still, some data gaps are likely to be permanent, with the

White Housing saying employment and Consumer Price Indexes

reports for October might never be released.

"While we always expected that many data points missed

during the shutdown will remain dark, there are questions about

what the inflation and jobs data will look like once these

reports come back online," said Carol Schleif, chief market

strategist at BMO Private Wealth.

"We would not be surprised to see some market chop over

the coming weeks..."

At 9:35 a.m. ET, the Dow Jones Industrial Average

fell 87.01 points, or 0.18%, to 48,167.81, the S&P 500

lost 36.03 points, or 0.53%, to 6,814.89 and the Nasdaq

Composite lost 214.17 points, or 0.87%, to 23,192.28.

Information technology stocks and

communication services were the biggest drags on the

S&P 500. Heavyweights Nvidia ( NVDA ) and Alphabet

lost 2.6% and 2.3% respectively.

However, Cisco Systems ( CSCO ) rose 4.5% after the

company raised full-year profit and revenue forecasts betting on

demand for its networking equipment.

Technology and AI names have come under pressure lately,

with the Nasdaq set for its third session of declines, as

investors rotated out of pricey tech stocks into traditionally

defensive areas such as healthcare.

The Dow has benefited from the rotation, notching

back-to-back record highs after lagging the S&P and the Nasdaq

this year.

AI bellwether Nvidia's ( NVDA ) earnings next week could further test

the optimism around the technology which has driven markets to

record highs this year.

Walt Disney ( DIS ) fell 8.9%, weighing on the Dow. The

media giant signaled it was grinding for a potentially prolonged

fight with YouTube TV over distribution of its cable channels.

Recently, data from payroll processor ADP showed private

employers shed over 11,000 jobs a week through late October and

Indeed Hiring Lab

showed a 16% drop in retail-related job postings in October

from a year-ago, pointing to continued weakness in the labor

market.

Still, several Fed speakers expressed scepticism over

another interest rate cut in December, prompting investors to

scale back bets. Comments from more policymakers will be parsed

through the day.

Traders are currently pricing in an about 53% chance of a

25-basis-point rate cut in December, lower than last week's 70%,

according to CME Group's FedWatch tool.

Among others, Sealed Air ( SEE ) shares jumped 19.6%, after

reports said equity firm Clayton Dubilier & Rice was in talks to

acquire the packaging company.

Memory device makers Western Digital ( WDC ) and Sandisk ( SNDK )

dropped 5.4% and 8% respectively each after half-yearly

results from Japan's Kioxia Holdings.

Declining issues outnumbered advancers by a 1.34-to-1

ratio on the NYSE and by a 1.94-to-1 ratio on the Nasdaq.

The S&P 500 posted six new 52-week highs and three new

lows, while the Nasdaq Composite recorded 20 new highs and 55

new lows.