(CNBC) -- Stocks fell for the first time in four sessions on Monday as investors took a pause after a sharp rally in the previous session.
The Dow Jones Industrial Average closed 105 points lower, or 0.4%. The S&P 500 pulled back 0.3% and the Nasdaq Composite slid 0.4%. Apple fell 1.4% to lead the Dow lower. The losses ended a three-day winning streak on Wall Street.
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The major averages rose to near-record highs late last week, boosted a U.S. jobs report that easily topped analyst expectations. The world’s largest economy added 266,000 jobs in November, according to data released by the Labor Department.