US stocks have retreated in early trading after Friday's dramatic surge, which took the Dow Jones Industrial Average above 14,000 points.
Leading analysts had predicted the Dow would struggle in the immediate aftermath of Friday's rally, when the Dow closed at levels not seen since 2007.
Five minutes into trade, the Dow was down 98.54 points, or 0.70 per cent, to 13,911.25.
The broad-based SP 500 fell 9.02 points, or 0.60 per cent, to 1,504.15.
The tech-heavy Nasdaq Composite Index was down 15.85 points, or 0.50 per cent, to 3,163.24.