Stocks edge lower on mega-cap tech losses as investors await the Fed

US stocks edged lower on Monday as losses in mega-cap tech offset gains in utilities and real estate. President Trump continued his pressure on the Federal Reserve to lower interest rates ahead of the central bank's meeting this week. Shares of Mylan skyrocketed as much as 20% after the drugmaker agreed to a merger with Pfizer's off-patent drug unit. Visit the Markets Insider homepage for more stories.

US stocks edged lower on Monday as losses in mega-cap tech offset gains in utilities and real estate. President Trump continued his pressure on the Federal Reserve to lower interest rates ahead of the central bank's meeting this week. Shares of Mylan skyrocketed as much as 20% after the drugmaker agreed to a merger with Pfizer's off-patent drug unit. Visit the Markets Insider homepage for more stories.

Aye right. If only things were so simple.

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