04-03-2024 17:28 via rocketnews.com

Dow Jones slips as S&P 500, Nasdaq edge back from records

U.S. stocks were slightly lower Monday, pausing a rally after the S&P 500 logged its 16th winning week out of the last 18 as investors awaited a busy week that features congressional testimony by Federal Reserve Chair Jerome Powell and all-important jobs data.What’s happening The Dow Jones Industrial Average DJIAfell 121 points, or 0.3%, to 38,966. The S&P 500 SPXwas down 5 points, or 0.1%, at 5,132. The Nasdaq Composite COMPlost 35 points, or 0.2%, to trade at 16,240.The S&P 5
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