It was red on the American stock exchange on Monday, the first trading day after last week's strong gains in the wake of increased hopes that the US interest rate will be lowered next month.
Among the losers were several railway companies after finance guru Warren Buffett announced that he does not intend to buy freight giant CSX. The share fell 5.1 percent and pulled several competitors with it.
Against the stream went some of the technology companies. Chip manufacturer Nvidia and Google's parent company Alphabet, both index-heavy giants, rose 1.0 and 1.2 percent respectively.
The broad S&P 500 index fell 0.4 percent, the technology-heavy Nasdaq composite index fell back 0.2 percent and the Dow Jones industrial index lost 0.8 percent.
