By Kate Gibson, MarketWatch
NEW YORK (MarketWatch) — U.S. stocks opened mildly lower on Monday, the first trading day of the second quarter, after capping a stellar start to the year that has the S&P 500 up 12% for the first three months.
The benchmark indexes took a cautious stance ahead of the Institute for Supply Management’s factory index and a separate report on construction spending.
The Dow Jones Industrial Average DJIA +0.44% fell 34.02 points to 13,178.
The S&P 500 Index SPX +0.53% declined half a point to 1,408.05.
The Nasdaq Composite COMP +0.04% shed 4.23 points to 3,087.34.
Advancers nudged just ahead of decliners on the New York Stock Exchange, where 81 million shares traded as of 9:45 a.m. Eastern.
