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Stocks fell on Monday, slipping from record highs, partly on caution over rising coronavirus cases globally while elevated Treasury yields continued to support the dollar, which touched its highest since December against a basket of peers.

Wall Street's main indexes closed lower on Monday as investors took some profits after last weeks' records while they waited for earnings season to begin and eyed events in Washington with trepidation.

Stocks fell on Monday, slipping from record highs, partly on caution over rising coronavirus cases globally while elevated Treasury yields continued to support the dollar, which touched its highest since December against a basket of peers.

Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment, technology, video and pictures.

Wall Street scaled new highs on Friday as hopes of more stimulus from Washington were shaken a bit by a senator's comments but later bolstered after U.S. President-elect Joe Biden said his economic package will be in the trillions of dollars.

* Futures up: Dow 0.18%, S&P 0.22%, Nasdaq 0.45% (Adds comment; updates share prices)

4 Min Read NEW YORK (Reuters) -Stocks on Wall Street hit record levels on Thursday as investors bet a Democrat-controlled Congress will deliver more stimulus spending to help the U.S. economy overcome a steep pandemic-induced downturn. The Dow, S&P 500 and Nasdaq all set new highs amid growing calls for President Donald Trump’s removal, one day after Trump supporters stormed the U.S. Capitol in a harrowing assault on American democracy. U.S. House Speaker Nancy Pelosi urged Trump’s immediat...

Wall Street scaled new highs on Friday as hopes of more stimulus from Washington were shaken a bit by a senator's comments but later bolstered after U.S. President-elect Joe Biden said his economic package will be in the trillions of dollars.

4 Min Read NEW YORK (Reuters) - Wall Street scaled new highs on Friday as hopes of more stimulus from Washington were shaken a bit by a senator’s comments but later bolstered after U.S. President-elect Joe Biden said his economic package will be in the trillions of dollars. FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar The latest rally in the Dow, S&P 500 and Nasdaq o...

Stocks, U.S. yields climb after Democrats win control of the Senate Reuters 7/01/2021 By Rodrigo Campos By Rodrigo Campos NEW YORK (Reuters) - Bond prices dropped and stocks hit record highs on Thursday as investors bet Democratic control of the U.S. Congress would enable President-elect Joe Biden to borrow and spend heavily, while higher yields helped a bruised dollar recover from near three-year lows. © Reuters/KIM KYUNG-HOON FILE PHOTO: First trading day of stock marke...