NEW YORK (CNNMoney) — Stocks took a breather Monday, after hitting record highs once again last week.
The Dow Jones industrial average, the S&P 500 and the Nasdaq dipped in early trading. Yet all three indexes are up between 20% and 22% this year.
On a quiet week for economic and earnings data, Monday's dip seems more related to gravity (what goes up must come down) than anything specific.
There's one piece of data out Monday: The Institute for Supply Management will release its monthly service-sector index at 10 a.m. ET.
Looking at stocks on the move, Tyson Foods was one of the biggest gainers in the S&P 500 after the meat processor reported better-than-expected earnings.
HSBC shares dropped 5% after the company reported results for the first half of the year that disappointed investors. The company announced an increase in revenue and profit before tax over the previous year as it sold assets.
Tech stocks stay in focus: Apple' stock rose modestly, after the the Obama Administration vetoed an International Trade Commission import ban on some of its products.
Faceboo continues to rise. Shares of the social network finished above their $38 IPO price last week for the first time since it went public.
Shares of Yelp, the business review website, took a step back Monday, dipping 1%. Yelp has been on a recent run. It has soared more than 35% since reporting earnings last week.
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