After moving sharply higher over the course of last Friday's session, stocks have moved modestly lower in morning trading on Monday. The major averages have all moved to the downside, although selling pressure has remained relatively subdued.
Currently, the major averages are off their worst levels but still in negative territory. The Dow is down 77.40 points or 0.2 percent at 33,596.98, the Nasdaq is down 37.41 points or 0.3 percent at 12,198.01 and the S&P 500 is down 3.91 points or 0.1 percent at 4,132.34.
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