Wall Street opens lower after recent gains

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February 5, 2013 1:42 AM EST

U.S. stocks opened lower on Monday, dipping after a recent rally that took the S&P 500 to a five-year high and the Dow to 14,000 for the first time since October 2007.

The Dow Jones industrial average <.DJI> was down 58.67 points, or 0.42 percent, at 13,951.12. The Standard & Poor's 500 Index <.SPX> was down 6.84 points, or 0.45 percent, at 1,506.33. The Nasdaq Composite Index <.IXIC> was down 18.33 points, or 0.58 percent, at 3,160.77.

(Reporting by Ryan Vlastelica; Editing by Kenneth Barry)

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