U.S. stocks finish lower; technology leads drop
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U.S. stocks finish lower; technology leads drop
NEW YORK (MarketWatch) — U.S. stocks on Monday retreated from near five-year highs as investors braced for what’s expected to be a weak earnings season. “The fact that the bar is down a bit on growth expectations shouldn’t be much of a shock at this juncture, the global economy is at best sluggish,” said Mark Luschini, chief investment strategist at Janney Montgomery Scott. The Dow Jones Industrial Average (DJI JIA) slid 26.5 points, or 0.2%, to 13,583.65. The S&P 500 index (SNC:SPX) shed 5.05 points, or 0.4%, to 1,455.88. The Nasdaq Composite (NASDAQ:COMP) lost 23.84 points, or 0.8%, to 3,112.35