By MATT JARZEMSKY and KAITLYN KIERNAN
A pullback in energy stocks, one of the strongest-performing sectors this year, helped push indexes lower to start the week.
The Dow Jones Industrial Average slipped 21.73 points, or 0.2%, to 13971.24, on Monday. The Standard & Poor's 500-stock index shed 0.92 point, or 0.1%, to 1517.01. The Nasdaq Composite Index fell 1.87 points, or 0.1%, to 3192.
The S&P 500 energy sector shed 0.6%, leading the declines across seven of the index's 10 sectors. Southwestern Energy (SWN)
Composite volume on the New York Stock Exchange was its lowest this year, with 2.59 billion shares changing hands, compared with 2013's daily average of 3.49 billion.
U.S.-listed shares of Novo Nordisk (NVO)
European markets traded mostly lower, with the Stoxx Europe 600 losing 0.6%. Greek borrowing costs rose, and shares slipped, as finance ministers gathered in Brussels to discuss Greece's progress in its rescue program, as well as proposed aid for Cyprus and plans for direct bank bailouts.
"People are starting to focus on when or if the European debt crisis is going to be resolved in a meaningful way," said Mike Shea, managing partner at Direct Access Partners, a New York brokerage. "If we're to believe that they've been successful in stabilizing, then now how do we get growth?"
Most Asian markets were closed for the Lunar New Year holiday, while Japan was shut for National Foundation Day. Australia's S&P/ASX 200 slipped 0.2%, after closing Friday at its highest level since April 2010.
Crude-oil prices rose 1.4%, to settle at $97.03 a barrel, while gold fell 1.1%, to $1,648.20 a troy ounce. The dollar edged lower against the euro but rose against the yen. The yield on the 10-year Treasury note slipped to 1.947% as prices rose.
In other corporate news, Apple (AAPL)
Nasdaq OMX Group (NDAQ)
Research In Motion (BB.T),
Mortgage-insurance provider Radian Group (RDN)
Charles Schwab (SCHW)