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Kiplinger
Kiplinger
Business
Dan Burrows

Stock Market Today: Stocks Struggle To Gain Traction Around Record Highs

Stock market today.

Equity markets struggled to gain traction around record highs Monday as they looked to a jam-packed week that includes the Fed chief's testimony before Congress and the jobs report. 

Apple (AAPL) helped pace all 30 Dow Jones stocks lower with its 2.5% decline to $175.50. The iPhone maker lost $70 billion in market capitalization after the European Union slapped it with a $2 billion antitrust fine for thwarting competition from music streaming rivals through restrictions on its App Store.

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