Stocks slump at open on Middle East tensions, on track for back-to-back decline

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Stocks slump at open on Middle East tensions, on track for back-to-back decline
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Stocks fell at the opening bell on Monday, retreating from their record closes set last week, as investors stay rattled by ratcheting U.S.-Iran tensions. The...

Stocks fell at the opening bell on Monday, retreating from their record closes set last week, as investors stay rattled by ratcheting U.S.-Iran tensions. The S&P 500 SPX, -0.29% fell 0.4% to 3,221. The Dow Jones Industrial Average DJIA, -0.43% shed 141 points, or 0.5%, to 28,494. The Nasdaq Composite COMP, -0.34% slipped 0.6% to 8,967.

President Donald Trump threatened sanctions against against Iraq after Baghdad said it could demand U.S. troops to leave the country, following the killing of Iran's top general Qassem Soleimani. After Iran's leaders vowed to hit back against the U.S., Trump also threatened to retaliate against any Iranian assault. In company news, shares of Goldman Sachs Group Inc. GS, -0.50% and Morgan Stanley MS, -1.

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