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Markets snapshot: After an up week, stocks slip a bit

Stocks gained ground early Monday as they came off their best week in 2015 — the S&P 500 index rose 3.3 percent last week, not quite enough to cancel out its big loss the previous week — but faded in the afternoon and sustained small losses for the day. Apple dragged down the technology sector as it fell 1.3 percent. Tech stocks fell more than the rest of the market. Pfizer and Allergan slipped after they announced a deal to combine and create the world's largest drug company. Pfizer lost 2.6 percent; Allergan declined 3.4 percent. GameStop skidded 4.2 percent after reporting weak results. The video game maker Electronic Arts fell after GameStop's announcement, losing 4.8 percent. Consumer discretionary stocks rose, however. Chipotle rebounded 4.3 percent after falling 12 percent on Friday amid an E. coli scare. Amazon rose 1.6 percent, and Macy's gained 3.7 percent. On Tuesday morning, the Conference Board will release its latest consumer confidence report. That should give Wall Street investors more insight into how US consumers are feeling and how much they're apt to spend on holiday shopping.