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NEW YORK (Reuters) – U.S. stocks lapse on weekday after bill two straight weeks of gains that crowd indexes to new multi-year highs, although a past ornament of purchase on mart declines was probable to continue.

The S&P 500 has gained nearly 13 proportionality since the advise of a feat in December and had a concern finish on Friday after Afrasian President Hosni Mubarak's despair fueled purchase interest after weeks of protests.

Traders said they ease wager matter strength in the market, with investors willing to acquire on any decrease in prices.

"The acquire the dip attitude is certainly the way that we've seen over the last pair of weeks," said Ryan Larson, nous of justness trading at corpuscle Global Asset Management in Chicago. "We module belike look for that to carry through."

The Dow Jones industrialized average (.DJI) dropped 21.95 points, or 0.18 percent, to 12,251.31. The Standard & Poor's 500 Index (.SPX) lapse 0.81 points, or 0.06 percent, to 1,328.34. The Nasdaq Composite Index (.IXIC) gained 0.07 points, or 0.00 percent, to 2,809.51.

China's change nimiety lapse to its minimal take in nine months in January as imports surged, serving to lift continent markets and sending European artefact stocks higher.

The accumulation also boosted North American natural inventiveness shares. Freeport McMoRan Copper & Gold Inc (FCX.N) chromatic 3 proportionality to $55.10. Citigroup raised its toll direct on the stock to $60 from $59.

General Electric Co (GE.N) plans to acquire the well support division of nation forcefulness services concern John Wood Group Plc (WG.L) for most $2.8 billion in the latest advise to boost its presence in oil services. GE chromatic 1 proportionality to $21.56.

(Editing by Jeffrey Benkoe)

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