 "Wall Street, US stocks, S&P, Dow Jones")
Wall Street's main indexes fell after opening higher on Monday, as a rally last week on easing concerns over inflation lost steam, with high-growth stocks leading declines.
"We had a nice rally last week, so I think we're seeing a little bit of profit taking this morning," said Dennis Dick, a proprietary trader at Bright Trading LLC in Las Vegas.
"The stocks that were up the most last week are the ones getting hit the hardest here today."
The tech-heavy Nasdaq Composite index, which gained 7.5% last week, fell 0.7% to lead declines among the three major indexes.
Investors were betting on the retreat
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