Stocks retreat from record highs at open as investors return from holidays

U.S. stock benchmarks retreat from record heights after holiday weekend

U.S. stocks opened modestly lower on Tuesday as the stock-market took a breather from its record-breaking climb, amid some worries around muted global growth and a respiratory virus spreading in China. Investors were returning from the holidays on Monday, in observance of Martin Luther King Jr. day. The S&P 500 SPX, -0.20% was down 0.3% to around 3,321. The Dow Jones Industrial Average DJIA, -0.14% shed 51 points, or 0.2%, to 29,297. The Nasdaq Composite DJIA, -0.14% fell 0.3% to 9,364.

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