U.S. stocks opened lower on Monday, slightly retreating after five straight weeks of gains. Stocks struggled to push higher despite a rise in oil prices, breaking a recent trend of strong correlation between oil and stock prices. The S&P 500 opened 3 points, or 0.2%, lower at 2,046. The Dow Jones Industrial Average lost 25 points, or 0.2%, to 17,576 at the open. Meanwhile, the Nasdaq Composite began the day down 8 points, or 0.2%, at 4,789.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
