The stock market retreated on Monday, with the S&P 500 falling 0.4% after nearing its record high. The Dow Jones Industrial Average dropped 216 points, or 0.5%, while the Nasdaq Composite fell 0.1%. This marks the second consecutive trading day where the S&P 500 came close to its Oct. 28 closing high before losing momentum. The market was dragged down by selling in a majority of stocks and sectors.

Read more at Dow Jones & Company: The S&P 500’s Record Bid Stalls Again Ahead of Fed Decision