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 U.S. stocks head lower Monday, with technology shares under pressure, following the worst week for the three main equity benchmarks in nearly three months on the back of fears of rising inflation.
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 The U.S. plans to send 20 million COVID-19 vaccine doses authorized for use in the U.S. to other countries battling the pandemic by the end of June, White House press secretary Jen Psaki said Monday, as she said President Joe Biden will be officially announcing that later in the day. Those doses from Pfizer , Moderna or Johnson & Johnson are in addition to sending 60 million doses from AstraZeneca , she said.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Persistent weakness in technology stocks kept the major indexes under pressure on Monday.
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 U.S. stocks inch lower early Monday in wake of worst week in three months
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Stocks opened modestly lower Monday, under renewed pressure after major benchmarks saw their biggest weekly declines since February --- a selloff blamed on worries over rising inflation pressures. The Dow Jones Industrial Average was down 9 points, or less than 0.1%, at 34,373, while the S&P 500 fell 0.3% to 4,162.33. The Nasdaq Composite shed 0.7% to trade at 13,328.45. Shares of Discovery Inc. rose more than 10%, while AT&T Inc. shares rose 4.7% after the companies announced a $43 billion deal to combine WarnerMedia with Discovery.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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New York Gov. Andrew Cuomo announced Monday that the state will adopt the CDC's new mask guidelines starting Wednesday. Masks will no longer be required for vaccinated people, except in nursing homes, schools, homeless and health-care facilities. Wednesday also marks the next stage of the state's reopening as most capacity restrictions will be lifted, which was previously announced. The subway, meanwhile, returned to 24-hour service on Monday.
- Pete Catapano
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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