NEW YORK (Reuters) – U.S. stocks lost ground on Monday, as investors drew back from recent gains that lifted the S&P 500 to a five-year high, in anticipation of sluggish growth in corporate profits. Shares of financial companies dipped after a group of major U.S. banks agreed to pay a total of $ 8.5 billion to end a government inquiry into faulty mortgage foreclosures. The KBW bank index, a gauge of U.S. bank stocks, was down 0.3 percent. Other sectors were hit as well, most notably energy and utilities. The S&P 500 energy sector index fell 0.8 percent and the utilities sector was off 1. …
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