US stocks close lower amid pressure from the technology sector

US stocks declined at the close of Monday’s session, amid renewed pressure on the technology sector, while investors awaited labor market data due to be released on Dec. 17.

The Dow Jones Industrial Average inched down 0.1%, or 41 points, to 48,416.

The S&P 500 lost 0.16%, or 10 points, to 6,816 points, while the Nasdaq Composite shed 0.59%, or 137 points, to 23,057.

In Europe, the Stoxx Europe 600 gained 0.75% to 582.54 points, approaching its all-time high of 586.3 points recorded on Nov. 13.

Germany’s DAX climbed 0.2% to 24,229 points, France’s CAC 40 advanced 0.7% to 8,124, and London’s FTSE 100 rose 1% to 9751.

In Japan, the Nikkei 225 fell 1.3% to 50,168 points, while the broader TOPIX index soared 0.2% to an all-time high at 3,431 points.

Brent crude for February delivery decreased 0.92%, or $0.56, to $60.56 a barrel.

US WTI crude for January delivery dropped 1.08%, or $0.62, to $56.82 a barrel.

Gold futures for February delivery edged up 0.2%, or $6.9, to $4,335.2 an ounce.

Investors are awaiting the release of nonfarm payrolls data on Dec. 17, with expectations that the US economy added 40,000 jobs in Nov., while the unemployment rate remained steady at 4.4%.