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Monday
Jun052017

US stocks close slightly lower after last week's records

iStock/Thinkstock(NEW YORK) -- Wall Street closed slightly lower Monday after reaching new records last week.

The Dow Jones Industrial Average gave up 22.25 (-0.10 percent) to finish at 21,184.04.

The Nasdaq slid 10.11 (-0.16 percent) to close at 6,295.68, while the S&P 500 finished at 2,436.10, down 2.97 (-0.12 percent) from its open.

Crude oil was about 1 percent lower with prices at $47 per barrel.

Winners and Losers: Shares of Apple Inc. sunk 1 percent after its stock was downgraded by Pacific Crest, despite announcing new products for its Worldwide Developers Conference.

Strong results for its cancer drug trial helped boost shares of Loxo Oncology Inc. 43 percent.

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