U.S. stocks are mostly lower in midday trading following a sharp drop in Japan overnight.
U.S. markets are coming off their latest record high.
The Standard & Poor’s 500 index edged down two points, or 0.1 percent, to 2,037 as of 11:45 a.m. Eastern time Monday.
The Dow Jones industrial average slipped 11 points, or 0.1 percent, to 17,623.
The Nasdaq composite fell 25 points, or 0.5 percent, to 4,663.