Wall Street feasted on stocks during Thanksgiving week, but that might have brought on a case of indigestion on Monday.
The S&P 500 was down 0.3%, though just over half of the stocks in the index were trading higher on the day. The Dow was down 257 points, or 0.5%. The Nasdaq Composite was down 0.3%.
All three opened even lower before paring their losses. Though Bitcoin’s sharp decline was a big story, risk assets weren’t broadly sliding: The Invesco S&P 500 High Beta ETF, which includes the riskier stocks in the S&P 500, was actually up 0.2%.