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Stocks drift lower, oil prices rise again

Feb. 11, 2013 at 10 p.m.


U.S. stocks drifted lower in thin trading Monday, pulling the Standard & Poor's 500 index back from a five-year high.

The broad-market index edged up slightly last week, enough to put it at its highest level since November 2007. With little in the way of market-moving news Monday, seven of the 10 industry groups within the S&P 500 edged down.

Gasoline prices leveled off in the Northeast, as the region's drivers hopped back in their cars after digging them out of huge snow banks over the weekend.

The national average rose again, however, as prices climbed in other parts of the country.

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