U.S. Stocks Move Modestly Lower Following Last Week's Surge

U.S. stocks posted a modest pullback on Monday after last week’s substantial rally, with all major averages finishing lower but selling pressure remaining subdued. The move appears more like routine profit-taking than a change in trend or a macro-driven selloff.

Analysis

U.S. stocks posted a modest pullback on Monday after last week’s substantial rally, with all major averages finishing lower but selling pressure remaining subdued. The move appears more like routine profit-taking than a change in trend or a macro-driven selloff.