U.S. stocks slumped on Monday as investors looked ahead to a flurry of earnings reports this week. Health care companies led the declines. It was a downbeat note after strong gains last week, capped by a record in the Nasdaq composite, 15 years after its dot-com era peak.
The Dow Jones industrial average fell 42.17 points, or 0.2 per cent, to close at 18,037.97.
The Standard & Poor’s 500 index fell 8.77 points, or 0.4 per cent, to 2,108.92.
The Nasdaq fell 31.84 points, or 0.6 per cent, to 5,060.25.
For the year:
The Dow is up 214.90 points, or 1.2 per cent.
The S&P 500 index is up 50.02 points, or 2.4 per cent.
The Nasdaq is up 324.19 points, or 6.9 per cent.