Stocks closed lower on Wall Street Monday, led by a slide in technology companies.
The sell-off, which closed out a five-day winning streak for the S&P 500, came as traders speculated that the White House is set to announce more tariffs on Chinese imports. Department store chains and other consumer-focused companies also declined. Safe-play sectors like real estate and utilities rose.
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The S&P 500 index fell 16.18 points, or 0.6 percent, to 2,888.80.
The Dow Jones Industrial Average lost 92.55 points, or 0.4 percent, to 26,062.12.
The Nasdaq composite gave up 114.25 points, or 1.4 percent, to 7,895.79.
The Russell 2000 index of smaller companies fell 18.17 points, or 1.1 percent, to 1,703.55.
For the year:
The S&P 500 is up 215.19 points, or 8 percent.
The Dow is up 1,342.90 points, or 5.4 percent.
The Nasdaq is up 992.40 points, or 14.4 percent.
The Russell 2000 is up 168.04 points, or 10.9 percent.