Wall Street takes a pause following last week’s big gains

Stocks are mostly down on Wall Street in midday trading Monday, as the market takes a pause following the strong gains it made last week.
The S&P 500 was down 0.3% after trimming sharper losses from earlier in the morning, following up on drops in Europe and a mixed performance in Asia. While relatively modest, the declines were widespread, and nearly three out of four stocks in the S&P 500 fell.The losses ate into a recent rally for stocks, which have been shrugging off the economic dev