Stocks retreat from record highs at open as investors return from holidays

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U.S. stock benchmarks retreat from record heights after holiday weekend

U.S. stocks opened modestly lower on Tuesday as the stock-market took a breather from its record-breaking climb, amid some worries around muted global growth and a respiratory virus spreading in China. Investors were returning from the holidays on Monday, in observance of Martin Luther King Jr. day. The S&P 500 SPX, -0.20% was down 0.3% to around 3,321. The Dow Jones Industrial Average DJIA, -0.14% shed 51 points, or 0.2%, to 29,297. The Nasdaq Composite DJIA, -0.14% fell 0.3% to 9,364.

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