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Wall Street opens lower after recent gains

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Reuters Delhi, India

NEW YORK (Reuters) - U.S. stocks opened lower on Monday, dipping after a recent rally that took the S&P 500 to a five-year high and the Dow to 14,000 for the first time since October 2007.

The Dow Jones industrial average was down 58.67 points, or 0.42 percent, at 13,951.12. The Standard & Poor's 500 Index was down 6.84 points, or 0.45 percent, at 1,506.33. The Nasdaq Composite Index was down 18.33 points, or 0.58 percent, at 3,160.77.

(Reporting by Ryan Vlastelica; Editing by Kenneth Barry)

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First Published: Feb 04 2013 | 8:55 PM IST

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