You can now read 5 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

Snapshot

Five-year high drifts away as stocks slip

Continue reading below

Stocks drifted lower in thin trading, pulling the S&P 500 back from a five-year high. The index edged up slightly last week, enough to reach its highest since November 2007. With little market-moving news Monday, the S&P 500 slipped 0.92 point. With major indexes near record highs, many think the market’s six-week rally is ready for a pause. Solid profit reports have helped feed the rally. The Dow and S&P 500 are up more than 6% this year; the Nasdaq has risen 5.7%. Apple­ rose Monday following weekend reports it is developing a wristwatch-like gadget that would use the same operating system as iPhones and iPads.

Loading comments...

Wake up with today's top stories.

Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
or
Please enter a valid email
BostonGlobe.com will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com