U.S. stocks closed lower Monday, retreating from record levels as investors were cautious ahead of a deluge of earnings, data releases and central bank meetings.
The Solar Impulse 2 plane lands in an airport in Abu Dhabi, United Arab Emirates, early Tuesday, July 26, 2016, marking the historic end of the first attempt to fly around the world without a drop of fuel, powered solely by the sun's energy.
Nintendo Co. posted its worst drop in 26 years Monday after the company poured cold water on the notion that the explosive popularity of Pokemon Go would translate into steady profits.
The Treasury's auction of two-year notes lured the weakest demand since 2008 as bond traders bet Federal Reserve policy makers this week will acknowledge signs of economic strength, bolstering the case for an interest-rate increase this year.
Gilead Sciences, Inc. (NASDAQ:GILD) is one of the biggest companies in biopharma, but that hasn't kept investors from selling its shares this year.