The U.S. stock market pulled back on Monday after a string of record closes last week. Gainers on the session included Sprint Corp. (NYSE: S), which jumped nearly 28 percent and Advanced Micro Devices Inc. (NYSE: AMD), which added around 16 percent on the day. Notable losers were Opus Bank (NASDAQ: OPB), which fell 12 percent and G-III Apparel Group, Ltd. (NASDAQ: GIII), which declined more than 14 percent.
Major Averages
The Dow Jones Industrial Average fell around 78 points, or 0.42 percent, and finished the session at 18,493.
The S&P 500 declined just under 7 points, or 0.30 percent, to finish slightly above 2,168.
The Nasdaq shed less than 3 points, or just 0.05 percent, and closed Monday's session at 5,098.
Commodities
Commodities followed stocks lower on Monday, with the Bloomberg Commodity Index shedding around 0.84 percent.
NYMEX crude oil futures fell 2.58 percent ...
/www.benzinga.com/news/16/07/8254675/mondays-market-wrap-stocks-record-modest-declines alt=Monday's Market Wrap: Stocks Record Modest Declines>Full story available on Benzinga.com
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