The Dow Jones industrial average and the Standard & poor's 500 index edged lower on Monday as investors waited on more information about the Federal Reserve's economic stimulus program. On Wednesday Fed Chairman Ben Bernanke will appear before Congress and the central bank will release minutes of its most recent policy meeting.
Both stock indexes are close to record levels after ending Friday with a fourth straight week of gains.
The Dow Jones industrial average fell 19.12 points, or 0.1 percent, to close at 15,335.28.
The Standard & Poor's 500 index dropped 1.18 points, or 0.1 percent, to 1,666.29.
The Nasdaq composite index fell 2.53 points, or 0.1 percent, to 3,496.43.
For the year:
The Dow is up 2,231.14 points, or 17 percent.
The S&P 500 is up 240.10 points, or 16.8 percent.
The Nasdaq is up 476.92 points, or 15.8 percent