U.S. Stocks Dip At Open After 5-Year High
- 11 years ago
U.S. stocks fell at the open on Monday (January 7) as markets consolidated after the S&P 500 closed Friday at a five-year high and before this week's start of earnings season.
Last week was the best for U.S. stocks in more than a year as a budget deal and economic data boosted investor confidence.
The Dow Jones industrial average shed 13.37 points, or 0.10 percent, at 13,421.84. The Standard & Poor's 500 Index fell 3.77 points, or 0.26 percent, at 1,462.70. The Nasdaq Composite Index lost 12.13 points, or 0.39 percent, at 3,089.53.
Last week was the best for U.S. stocks in more than a year as a budget deal and economic data boosted investor confidence.
The Dow Jones industrial average shed 13.37 points, or 0.10 percent, at 13,421.84. The Standard & Poor's 500 Index fell 3.77 points, or 0.26 percent, at 1,462.70. The Nasdaq Composite Index lost 12.13 points, or 0.39 percent, at 3,089.53.