US stocks started August with a bout of volatile trading, slipping lower after capping off their best month since 2020 last week.
The broad S&P 500 index swung between gains and losses on Monday, closing down 0.3 per cent for the day, while the tech-heavy Nasdaq Composite gave up 0.2 per cent.
Trading volumes in equity markets are typically thinner during the summer vacation period, which can exacerbate swings.
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