US: Wall St opens lower after last week's rally

[NEW YORK] US stocks were lower at the open on Monday after the S&P 500 and the Dow recorded their first four-day winning streak in about five months last week.

The Dow Jones industrial average fell 39.45 points, or 0.23 per cent, to 16,967.32, the S&P 500 lost 9.03 points, or 0.45 per cent, to 1,990.96 and the Nasdaq composite dropped 26.56 points, or 0.56 per cent, to 4,690.46.

REUTERS