• The Dow Jones saw limited momentum in a quiet start to the trading week.
• Equities are overall tilted into the high end, but steeper losses in key stocks drag averages down.
• Investors get to take a breather from high-impact US data until the end of the week.

The Dow Jones Industrial Average (DJIA) held steady on Monday, testing into new weekly lows but overall keeping a tight grip on the 43,450 region. Market sentiment is grappling with a cooling effect that gripped indexes last week following the recent post-election rally.

After several high-impact prints on the economic calendar last week, traders get a chance to catch their breath with the US data docket on the moderate side until S&P Purchasing Managers Index (PMI) figures for November print on Friday. Mid-tier residential construction starts and permits will be reported on Tuesday, with a couple of outings from Federal Reserve (Fed) officials on Wednesday and weekly unemployment benefits claimants on Thursday.