Dow Jones edges lower as stocks pull back from highest level in nearly four months

U.S. stocks edged lower Monday, pulling back from their strongest levels since August as investors awaited a busy week of economic data.

What’s happening

The Dow rose 1.3% last week for its highest close since Aug. 7, while the S&P 500 advanced 1% to its highest since Aug 1. The Nasdaq Composite rose 0.9%. Activity was thin, with U.S. markets closed last Thursday for the Thanksgiving Day holiday followed by an abbreviated session on Friday.

What’s driving markets

U.S….