The stock market today (Monday) paused on news that a U.S. Federal Reserve policy shift may not be as far away as people think.
Just before noon, the Dow Jones Industrial Average was lower by 34.22, or 0.23% at 15,084.27. The Standard & Poor's 500 Index was flat at 1,632.97. The Nasdaq eked out a 0.02% gain, or 1.08 points, at 3,438.12.
Last week, equities continued their seemingly unstoppable climb with the Dow and the S&P closing at records several times. The Dow ended the week up 1%, the S&P 1.2%, and the Nasdaq 1.7%.
Now with all three indexes up 15% year-to-date, many investors have turned cautions.