Wall Street dips but off earlier lows; Nasdaq flat

The Dow and S&P were modestly lower on Monday, having recovered from earlier lows, as gains in energy shares helped curb declines stemming from trade war concerns after China's retaliation to U.S. tariffs. U.S. President Donald Trump said last week he was pushing ahead with tariffs on $50 billion of Chinese imports, prompting a quick response from Beijing, which said it would put duties on several American commodities. The Dow Jones Industrial Average fell 130.24 points, or 0.52 percent, to 24,960.24, the S&P 500 lost 8.08 points, or 0.29 percent, to 2,771.58 and the Nasdaq Composite dropped 6.67 points, or 0.09 percent, to 7,739.71.