Stocks edge lower as Wall Street’s momentum slows down
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By DAMIAN J. TROISE
AP Business Writer
Stocks edged lower in morning trading on Wall Street Monday as the market’s momentum slows following its best week since July. The S&P 500 index fell 0.1% and the Dow Jones Industrial Average fell 0.4%. Technology and health care companies were leading the way lower, while energy companies bucked the downward trend and moved higher. Benchmark U.S. crude oil was up 0.8%. It has soared 70% so far this year. The yield on the 10-year Treasury note rose to 1.59%. Investors are in for another busy week of earnings reports from companies including Johnson & Johnson, Netflix and United Airlines.