Dow Jones slips, S&P 500 struggles for direction after record high

U.S. stocks tradedlower Monday afternoon, pausing a rally after the S&P 500 logged its 16th winning week out of the last 18 and 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 102 points, or 0.3%, to 38,988. The S&P 500 SPXdipped 2 points, or less than 0.1% to 5,134 The Nasdaq Composite COMPlost 38 points, or 0.2%, to trade at 16,236.The