U.S. Stocks Open Lower After Six Weeks Of Gains

By Anora MahmudovaMarketWatch Pulse

U.S. stocks opened lower on Monday as investors were cautious following six straight weeks of gains. Last week's surprisingly strong jobs report increased the odds of a Federal Reserve rate hike in December. The S&P 500 opened 10 points, or 0.5%, lower to 2,089. The Dow Jones Industrial Average lost 88 points, or 0.5%, to 17,822. The Nasdaq Composite began the day down 26 points, or 0.5%, at 5,120.

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