The Dow held up slightly better than the S&P 500 and Nasdaq composite, after the latter two closed at record highs Thursday. Blue chips on the Dow pulled back 0.5% in recent action. The 30-stock index sits just below the 45,000 level after three rising weeks and was nearing its record high.

Stocks on Wall Street fell sharply on Monday, led by losses across major indices, including the Dow Jones Industrial Average, S&P 500, and Nasdaq. The S&P 500 shed 0.8%, its worst single-day drop since mid-June, while the Dow and Nasdaq both declined 0.9%. Despite the setback, all three indices remained close to their recent record highs.