Wall Street dragged down by oil, lackluster earnings

By Tanya Agrawal (Reuters) - Wall Street was lower on Monday as a drop in oil prices, lackluster quarterly earnings and an impending Federal Reserve meeting weighed on investor sentiment. The central bank's policymakers are expected to hold interest rates steady when they meet on Tuesday and Wednesday, but may tweak their description of the economic outlook to reflect more benign conditions. Oil prices fell more than 1 percent after traders cited reports of a supply buildup, interrupting the sto