U.S. stocks slipped Monday, losing some momentum after rallying last week on easing expectations for the path of the Federal Reserve’s interest-rate increases.
The S&P 500 lost early gains and closed down 11.63 points, or 0.3%, at 3900.11. The Dow Jones Industrial Average lost 62.42 points, or 0.2%, to 31438.26, while the technology-focused Nasdaq Composite Index retreated 83.07 points, or 0.7%, to 11524.55.
