Stocks closed mostly lower on Wall Street Monday, taking a pause from their recent rally.
Companies that would benefit most from a reopening economy, like banks and industrial stocks, took some of the sharper losses. Technology stocks, meanwhile, bucked the downward trend and rose, pushing the Nasdaq to its third consecutive all-time high.
The S&P 500 dropped 7.16 points, or 0.2%, to 3,691.96.
The Dow Jones Industrial Average slid 148.47 points, or 0.5%, to 30,069.79.
The Nasdaq gained 55.71 points, or 0.4%, to 12,519.95.
The Russell 2000 index of smaller companies slipped 1.20 points, or 0.1%, to 1,891.25.
For the year:
The S&P 500 is up 461.18 points, or 14.3%.
The Dow is up 1,531.35 points, or 5.4%.
The Nasdaq is up 3,547.34 points, or 39.5%.
The Russell 2000 is up 222.78 points, or 13.4%.
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