S&P Market News Update

The U.S. stock market was drifting lower on Monday as news that Japan fell into recession, as well softer-than-expected manufacturing data weighed on sentiment.

The S&P 500 SPX, +0.07%  and the Dow Jones Industrial Average DJIA, +0.07%  retreated from record levels reached last week. The Nasdaq Composite COMP, -0.37%  edged lower.

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