Wall Street pulls back from its records ahead of a big week for profit reports Boston 25 News [Video]

NEW YORK — (AP) — U.S. stocks are pulling back from their all-time highs Monday as some of the steam comes out of Wall Street’s long, record-breaking rally.

The S&P 500 was 0.2% lower in afternoon trading, coming off its sixth straight winning week, its longest such streak of the year. The Dow Jones Industrial Average was down 326 points, or 0.8%, from its own record that was likewise set on Friday, while the Nasdaq composite was 0.1% higher, as of 2:01 p.m. Eastern time.

Trading was mixed in markets around the world. Crude oil prices rose to regain some of last week’s sharp losses, while U.S. Treasury yields climbed and stock indexes mostly fell in Europe after finishing mixed in Asia.

The rise in yields helped knock down stocks that tend to get hurt by higher interest rates, such as big dividend payers and businesses in the housing industry. Real-estate owners …