Drug Safety Settlement

A Ranbaxy office building is pictured in the northern Indian city of Mohali May 14, 2013. Indian generic drugmaker Ranbaxy Laboratories Ltd pleaded guilty on Monday to felony charges related to drug safety and will pay $500 million in civil and criminal fines under the settlement agreement with the U.S. Department of Justice. The settlement is its largest-ever with a generic drugmaker over drug safety, according to the U.S. government. It includes $150 million in payments for a criminal fine and forfeiture and $350 million in payments for civil claims. REUTERS/Ajay Verma (INDIA - Tags: HEALTH BUSINESS)

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Credit: Reuters/Lucas Jackson/Files

NEW YORK | Mon Jan 7, 2013 8:10pm IST

NEW YORK (Reuters) - U.S. stocks fell at the open on Monday as markets consolidated after the S&P 500 closed Friday at a five-year high and before this week's start of earnings season.

The Dow Jones industrial average shed 13.37 points, or 0.10 percent, at 13,421.84. The Standard & Poor's 500 Index fell 3.77 points, or 0.26 percent, at 1,462.70. The Nasdaq Composite Index lost 12.13 points, or 0.39 percent, at 3,089.53.

(Reporting by Gabriel Debenedetti; Editing by Kenneth Barry)
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