Market under pressure as Q2 earnings gets under way
U.S. stocks edged lower Monday, after record finishes last week, as investors digest second-quarter earnings from Citigroup — marking the unofficial start of earnings season on Wall Street. The Dow Jones Industrial Average DJIA, -0.11% fell 33 points, or 0.1%, to 27,303, the S&P 500 index SPX, -0.15% ticked 4 points lower to 3,010, a decline of 0.1%. The Nasdaq Composite Index COMP, -0.05% fell 2 points to reach 8,242. All three major indexes scored intraday records in early activity before turning lower.