US stocks open lower after recent rally

Investors found few reasons to keep pushing shares higher following a sharp rally in last few days

Fred DeMarco, left, and fellow traders work on the floor of the New York Stock Exchange
Reuters
Last Updated : Dec 29 2014 | 8:30 PM IST

US stocks opened lower on Monday, as investors found few reasons to keep pushing shares higher following a sharp rally that has taken major indexes to repeated records.

The Dow Jones industrial average fell 12.71 points, or 0.07 percent, to 18,041, the S&P 500 lost 1.07 points, or 0.05 percent, to 2,087.7 and the Nasdaq Composite dropped 5.21 points, or 0.11 percent, to 4,801.65.

 

 

 

 

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(Reporting By Sinead Carew; Editing by Nick Zieminski)

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First Published: Dec 29 2014 | 8:06 PM IST

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