Editor Desk
Nov 14, 20161 min
U.S. stocks closed little changed on Monday after rising dramatically the week before and a decline in the technology sector offset a steep rise in financial stocks as investors bet on higher interest rates. After choppy trading late in the session, the Dow ended at a record high while the S&P 500 and the Nasdaq Composite dipped. "I think all we're doing is trimming our sails a little from the violently positive rally we had post-election results last week," said Mark Luschini, chief investment strategist at Janney Montgomery Scott in Philadelphia.