U.S. stocks pulled away from their record heights.
The S&P 500 slipped 0.3% Monday for just its second loss in the last 11 days, but it remains near its all-time high set in October. The Dow Jones Industrial Average dropped 215 points, and the Nasdaq composite edged down by 0.1%.
Berkshire Hathaway fell after announcing a shake-up of some of its leadership. Warner Bros. Discovery jumped after Paramount took an offer to buy the company directly to shareholders.
On Monday:
The S&P 500 fell 23.89 points, or 0.3%, to 6,846.51.
The Dow Jones Industrial Average fell 215.67 points, or 0.4%, to 47,739.32.
The Nasdaq composite fell 32.22 points, or 0.1%, to 23,545.90.
The Russell 2000 index of smaller companies fell 0.50 points, or less than 0.1%, to 2,520.98.
For the year:
The S&P 500 is up 964.88 points, or 16.4%.
The Dow is up 5,195.10 points, or 12.2%.
The Nasdaq is up 4,235.11 points, or 21.9%.
The Russell 2000 is up 290.82 points, or 13%.
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