U.S. Stocks Slip In Early Trading; Banks And Tech Sector Fall

FILE - This July 15, 2013, file photo, shows a sign for Wall Street outside the New York Stock Exchange, in New York. European stock markets are posting sizeable falls Monday, March 7, 2016, with investors seemingly anxious over what further stimulus the European Central Bank will provide at its policy meeting later in the week. A warning from the Bank for International Settlements over a "gathering storm" in the global economy further weighed on sentiment. (AP Photo/Mark Lennihan, File)

FILE - This July 15, 2013, file photo, shows a sign for Wall Street outside the New York Stock Exchange, in New York. European stock markets are posting sizeable falls Monday, March 7, 2016, with investors seemingly anxious over what further stimulus the European Central Bank will provide at its policy meeting later in the week. A warning from the Bank for International Settlements over a "gathering storm" in the global economy further weighed on sentiment. (AP Photo/Mark Lennihan, File)

NEW YORK — U.S. stocks are edging lower in early trading as the market comes off a three-week winning streak.

Banks and technology companies had some of the biggest losses in the opening minutes of trading Monday.

Chipmaker Micron Technology sank 5 percent and Citigroup fell 1 percent.

European stocks fell as investors worried about how much more stimulus the European Central Bank will be able to provide at its policy meeting later this week.

The Dow Jones industrial average slipped 31 points, or 0.2 percent, to 16,974.

The Standard & Poor's 500 index lost six points, or 0.3 percent, to 1,993. The Nasdaq composite gave up 16 points, or 0.4 percent, to 4,700.

Bond prices fell. The yield on the 10-year Treasury note rose to 1.90 percent.

 
 

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