Strong corporate earnings helped push the S&P 500 above 1,500 Friday, the first time in more than five years. The breakthrough happened on an eighth straight daily gain for stocks, itself a remarkable performance. That is the longest winning streak since November 2004.
But stocks cooled off by Monday. A report showed that orders for long-lasting goods rose in December by 4.6 percent, which was encouraging news about manufacturing, but stocks fell later after a disappointing report on the pace of home sales.
The Dow Jones industrial average closed down or 0.1 percent at 13,881.93. The S&P 500 fell 0.2 percent to 1,500.18. The Nasdaq composite index added 0.2 percent to 3,154.30.
Benchmark oil for March delivery was up 26 cents to $96.70 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 56 cents to finish at $96.44 a barrel on the Nymex on Monday.
In currencies, the euro fell slightly to $1.3454 from $1.3456 from late Monday in New York. The dollar fell to 90.77 yen from 90.79 yen.
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