The Dow Jones Industrial Average was lower on Monday amid global growth concerns, after the 30-stock average notched a record close Friday.
The 30-stock index stayed red 67.23 points midday Monday at 35,141.28,
'The S&P 500 gave back 4.29 points to 4,432.23,
The NASDAQ recovered 24.69 points to move into the afternoon at 15,095.25.
Oil's slide pushed energy stocks lower with Exxon Mobil and Chevron both lost about 1%. Diamondback Energy slipped 2.3%.
Stocks tied to the economic recovery, such as cruise lines and airlines, drifted lower on Monday. Norwegian Cruise Line dropped nearly 4% after a federal judge ruled that the cruise line can ask passengers for proof of COVID-19 vaccination. Carnival and Royal Caribbean also lost more than 3%. American Airline slid 4%, and United Airlines skidded 3.8%.
Job openings roared higher in June, hitting 10.1 million, according to the U.S. Labor Department's JOLTS report released Monday. This compared to the 9.1 million expected by economists polled by Dow Jones.
Earnings season continues this week with companies including Tyson Foods, AMC Entertainment, Coinbase, Lordstown Motors, Bumble, Palantir, Disney, Airbnb and DoorDash set to report quarterly earnings.
Credit Suisse on Monday initiated a 5,000 price target for the S&P 500 for the end of 2022, citing higher earnings. The firm kept its 4,600 target for 2021.
Prices for 10-Year Treasurys turned course and lost ground, raising yields to 1.32% from Friday's 1.30%. Treasury prices and yields move in opposite directions.
Oil prices dropped $1.63 to $66.65 U.S. a barrel.
Gold prices slid $35.30 to $1,727.80 U.S. an ounce.