Drops in several Big Tech companies led the stock market lower Monday, pulling major indexes below the record highs they set last week.
The S&P 500 spent the first half of the day wobbling between small gains and losses before slipping. The tech-heavy Nasdaq fell as Facebook, Amazon, Apple and Google’s parent company lost ground. The Dow Jones Industrial Average had traded higher for much of the day but dipped into the red in the last half-hour of trading. Small-company stocks also did poorly, dragging the Russell 2000 index lower.