Wall Street falls as consumer, finance stocks weigh

U.S. stocks were lower in late morning trading on Monday, weighed down by financial and consumer discretionary stocks, as some investors cashed in following a record-setting week. The three major U.S. indexes closed higher for the third week in a row on Friday, with the S&P 500 notching its seventh record close since Nov. 8. U.S. stocks have soared since Donald Trump's victory in the presidential election as investors expect his plans to boost infrastructure spending, cut corporate taxes and