Stocks set for a lower start as investors take profit
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U.S. stocks are set for a lower start Monday morning despite good news from Lennar (LEN
), whose results show housing market improvement and despite Dell's (DELL
) announcement it is acquiring Perot Systems for $3.9 billion. Investors still seem to need a breather to take some profit following the recent rally and ahead of this week's Federal Reserve meeting and as world stocks' decline.
More here: Before the bell: Stock futures lower as investors eye economy