Apple Closes at Record High; Stocks Slip From Record Levels

Stocks pulled back just slightly but were still sitting near record levels at Monday's close. The Dow Jones Industrial and the S&P 500 slipped just under the flat line. The Nasdaq managed to squeeze out a small gain. Boeing (BA) was the Dow's biggest drag throughout the day. A downgrade from Goldman Sachs (GS) to a SELL rating propelled the stock more than 2% lower. Exxon Mobil (XOM) and Chevron (CVX) also weighed on the blue chips. The energy sector lagged on oil's declines. Crude prices dropped below $50 a barrel falling more on the U.S. dollar's gain. Going against the grain, Apple (AAPL) hit another all-time high. Shares closed at $133 a share. The world's largest company will invest nearly $2 billion in Europe, building two new data centers, one in Ireland and the other in Denmark.