U.S.MARKET UPDATE

U.S. stocks dipped on Monday, retreating from last week's record levels as investors hesitated to make big bets before the start of earnings season.

The Dow Jones industrial average fell 44.05 points or 0.26 percent, to end at 17,024.21. The S&P 500 declined 7.79 points or 0.39 percent, to 1,977.65. The Nasdaq Composite dropped 34.40 points or 0.77 percent, to 4,451.53

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