Dow Jones edges lower, pulls back from highest level in nearly four months

U.S. stocks turn mixed Monday afternoon, with the Dow Jones Industrial Average pulling back from its strongest level since August as investors awaited a busy week of economic data.

What’s happening

For all of last week, the Dow Jones rose 1.3% to reach its highest close since Aug. 7, while the S&P 500 advanced 1% to its highest since Aug. 1 and the Nasdaq Composite gained 0.9%. Activity was thin, with U.S. markets closed last Thursday for the Thanksgiving Day holiday followed by an abbreviated session on Friday.

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