Last updated: March 16. 2013 10:04PM - 51 Views

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(AP) Stock futures are in retreat on the first day of trading after the Dow Jones industrial average struck a new post-meltdown high.


Dow Jones industrial futures are down 44 points to 13,886 after closing above 14,000 Friday. The broader S&P futures have lost 5 points to 1,501.70. Nasdaq futures are down 8 points to 2,748.50.


Markets have been on a five-week rally and for the year, major U.S. indexes are up between 5 percent and 7 percent.


The earnings season continues this week with technology and health companies prominently featured.


Humana reported a 3.5 percent drop in fourth-quarter net income before markets opened Monday as the health insurer absorbed higher claims payments.


Also Monday, the Commerce Department is expected to report stronger factory orders for December.


Associated Press
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