Stocks declined modestly Monday as a weakening U.S. dollar and a mixed batch of earnings reports led cautious investors to cash in on last week’s gains. Oil prices also fell sharply as energy traders took profits following futures’ recent runup.
At the close of trading, the Dow Jones industrial average dropped 11.13, or 0.1 percent, to 11,336.32. The Dow ended Friday at its highest level since early January 2000. The Standard & Poor’s 500 index fell 3.17, or 0.24 percent, to 1,308.11, and the Nasdaq composite index declined 9.48, or 0.4 percent, to 2,333.38.
