Stocks open lower after record-filled week

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U.S. stocks opened lower Monday after surging to new highs in the prior week as rising coronavirus case counts and concerns about election violence kept a lid on further gains. The Dow Jones Industrial Average lost 260 points or 0.8% to open near 30,838, while the S&P 500 was down 35 points, 0.9%, near 3,790. The Nasdaq Composite fell 151 points, 1.2%, and traded near 13,051. Shares of Carnival Corp. were down 2% after the bell after the cruise operator said it expected a wider loss in Q4 than analysts had expected. Meanwhile, Congressional Democrats said they could move ahead with plans to impeach President Trump this week if his cabinet doesn’t act first to remove him.
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