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S&P, Dow lower as healthcare, bank stocks drag

Reuters 

By Sruthi Shankar(Reuters) - The S&P 500 and the Dow were trading slightly lower on Monday, as losses in healthcare and financial stocks stalled Wall Street's strongest start to a year in a decade.The benchmark S&P and the Nasdaq last week recorded its strongest first four trading days in a year since 2006, and the Dow industrials posted its best since 2003."The market was probably a little bit overbought, it was a big week for stocks in terms of strength and breadth, it's more of a pause," said John Brady, senior vice president at futures brokerage R.J. O'Brien & Associates in Chicago."The ...

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First Published: Mon, January 08 2018. 22:39 IST
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