Markets End the Day Lower

Stocks slipped downward from record highs
By Newser Editors and Wire Services
Posted Jun 5, 2017 3:11 PM CDT
In a Tuesday, May 23, 2017 file photo, trader Kevin Lodewick, center, works on the floor of the New York Stock Exchange.   (AP Photo/Richard Drew, File)

(Newser) – Stocks are closing slightly lower on Wall Street as the market pulls back from record highs set late last week, the AP reports. Utilities and materials companies posted some of the biggest losses Monday. Paint maker Sherwin-Williams lost 0.9%. Technology companies and banks bucked the downward trend. Google parent Alphabet closed above $1,000 a share for the first time. The Standard & Poor's 500 index fell 3 points, or 0.1%, to 2,436. The Dow Jones industrial average lost 22 points, or 0.1%, to 21,184. The Nasdaq slipped 10 points, or 0.2%, to 6,295. Small-company stocks fell more than the rest of the market. The Russell 2000 gave up 9 points, or 0.6%, to 1,396. (Read more stock market stories.)

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