The Dow Jones Industrial Average fell 36.3 points, or 0.17 per cent, to 21,235.67, the S&P 500 lost 2.38 points, or 0.10 per cent, to 2,429.39 and the Nasdaq Composite dropped 32.45 points, or 0.52 per cent, to 6,175.47.
After tech stocks were pummeled on Friday, the sector is selling off again to start the week.
It looks as if technology shares will be leading the path lower today, with mega-cap names - including Dow stockMicrosoft and Google parent Alphabet - in the red ahead of the opening bell.
The tech-heavy Nasdaq Composite Index, which hit an all-time high only to close down 1.8% on Friday, was under pressure, with the index down by 55 points, or 0.9%, to 6,153. Tech stocks staged a late-session sell-off on Friday, after Goldman Sachs suggested the recent rally was overdone.
There were no major data releases scheduled for Monday, with investors looking out instead to Wednesday's rate announcement from the Federal Reserve amid expectations of this year's second rate hike. While the S&P 500 is up 0.4% for June, the Russell 2000 is up 3.6% and the S&P Small Cap 600 is up 3.8%. The S&P 500 technology index .SPLRCT has risen 18.5 percent this year and is on track to register its best yearly performance since 2014.
Mizuho Securities also cut its rating on Apple's stock to "neutral" from "buy" on Monday, citing it has outperformed this year and enthusiasm over the "upcoming product cycle is fully captured at current levels".
US Open the hardest major, Stenson claims On Sunday , PGA Tour player Kevin Na paused his practice round to deliver an emphatic critique through an Instagram video post . But there are still some awesome storylines heading into this year's even at Erin Hills, including several involving amateurs.
The S&P 500 index showed 28 new 52-week highs and 11 new lows, while the Nasdaq recorded 82 new highs and 70 new lows.
When it comes to the ongoing technology beat-down in the stock market, it appears not all shares are created equal. Meanwhile, shares of Netflix Inc.(NFLX) slipped into correction territory (http://www.marketwatch.com/story/netflix-shares-fall-into-correction-territory-before-bouncing-back-2017-06-12).
On the upside, General Electric Co.'s shares (GE) rose 3.9% following news that CEO Jeff Immelt is retiring (http://www.marketwatch.com/story/ges-jeff-immelt-to-step-down-as-ceo-and-chairman-2017-06-12-6914026) after almost 16 years at the helm of the company and will be replaced by John Flannery, now president and CEO of GE Healthcare.
Coherus BioSciences tumbled 30.2 per cent to US$14.40 after the FDA denied the approval of its biosimilar for Amgen's Neulasta, which fights infections in cancer patients.
Advancing issues outnumbered decliners on the NYSE by 1,582 to 1,187.
About 7.89 billion shares changed hands in USA exchanges, far above the 6.81 billion daily average over the last 20 sessions.
The question about Russian interference in the last USA presidential elections is now nearly a moot point. The other is Comey's assertion that Trump twice told him, "I need loyalty" during a January 27 dinner.
The film, directed by Patty Jenkins , has broken the record for the highest-grossing opening weekend for a female-directed movie. But as X-Men's Storm approached her to fight, Wonder Woman dropped Mjolnir: She only wanted a fair fight.
This larger comment period will remain open until July 10 and includes the review of the Cascade-Siskiyou National Monument. He also is calling on Congress to give Native American tribes more say in how the new monument is managed.
Sessions recused himself in March following revelations that he met twice previous year with the Russian ambassador. Justice Department spokeswoman Sarah Isgur Flores said Sessions requested that the committee hearing be public.
Arguments in the appeal of the Hawaii ruling were made last month in Seattle , where the 9th Circuit also has a courthouse. That one was challenged by lawsuits and blocked by injunctions before it ever went into effect.
Rachel Bay Jones won her first Tony for her work in the musical , capping a long career onstage with plenty of zigs and zags. The show won six Tonys, including for book, score, orchestration and featured actress.
Apple has finally added support for optical image stabilisation along with HDR for portrait mode (on compatible devices only). However, if you don't want to wait too long, here's how you can install the latest iOS 11 on your device right now.
Making his Broadway debut, DeVito was favored as a slippery furniture salesman in the revival of Arthur Miller's " The Price ". He had this inspiring message to young people out there: "The things that make you odd are the things that make you powerful".
Prince William meets with Manchester bombing survivors, first responders Princess Kate stars in new video for. Just when we think this British royal family can't do anything else to make us love them more.
Comey also has said Sessions did not respond when he complained he didn't "want to get time alone with the president again". In March, Sessions recused himself from any investigations that look at Russia's actions in the 2016 campaign.
However, he said the situation was under control and there were no reports of any casualty. He said a huge cache of arms and ammunition was recovered from their possession.
Things to Watch for in Game 5
The traps were working when the Cavs brought them, but he missed several open shots that are usually automatic. Game 5 tips off at 9 p.m. "And we did a good job of that in Game 4", Cavaliers coach Tyronn Lue said.
Apple unveils iMac Pro
The 2017 MacBook has the dimensions as its predecessor - it weighs around 920 grams and measures 0.52 inches in thickness. The Apple iMac Pro 2017 will also feature up to 128 GB of ECC memory and up to 4 TB of flash memory for storage .
Ghany: Wait and see on UK Govt
But Theresa May had a very stumbling election campaign, and that severely undermined her status of this strong and stable leader. Casualties include the party's deputy leader Angus Robertson, and former SNP leader and party heavyweight Alex Salmond.
Trump's environment official skipping much of G7 summit
Prior to his appointment by Trump, the former Oklahoma attorney general also maintained close ties with the fossil fuel industry. GM CEO Mary Barra, a member of the White House's top business advisory council along with Musk, has no plans to quit that group.
New iPhone 8 renders show off running iOS 11 and design
A one-handed keyboard, improved Apple Maps and customisable Control Centre are also included in this huge update. App review prompts are one of the more annoying - though admittedly minor - issues with smartphones and tablets.
Verratti wants Barca move
Manchester United target Marco Verratti has asked to leave Paris Saint-Germain this summer, according to reports in France. And Spanish outlet Diario Gol says the midfielder wants to join Real over Barcelona if both clubs come in for him.
Defending champion Muguruza crashes out of French Open
Women's 11th seed Caroline Wozniacki beat eighth seed Svetlana Kuznetsova of Russian Federation 6-1 4-6 6-2 in the fourth round. In the third set, Mladenovic again relied on the crowd to lift her game, and also ruffle her opponent.
Dennis Rodman heading to North Korea
On that trip, Rodman sang "Happy Birthday" to dictator Kim Jong Un, who Rodman referred to as his "best friend". It comes amid heightened tensions between Washington and Pyongyang, which is now detaining four Americans.
Body of eighth terror attack victim found in Thames
The Frenchman was walking south on the bridge with his girlfriend Christine Delcros when the van ploughed into pedestrians. A man arrested in Limerick in connection with the London terror attacks was released without charge yesterday afternoon.