Stocks Slip, Pulling Dow Back Near 17,000
U.S. stocks are slipping in midday trading, bringing the Dow Jones industrial average back near 17,000 points. The Dow was down 57 points, or 0.2 percent, to 17,014 as of noon Eastern Time Monday. The Dow closed above 17,000 for the first time Thursday after the U.S. reported strong job gains. The Nasdaq fell 30 points, or 0.7 percent, to 4,455. Investors will get a sense of how companies are faring when some big names report quarterly results this week, including Alcoa and Wells Fargo.
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