Most regional stocks got off to a slow start for the week, posting largely modest declines.
Among the biggest losers, percentage-wise, were Sprint, down 2.5 percent; YRC, down 1.7 percent; Garmin, down 1.8 percent, and H&R Block, down .9 percent.
The best performers on the day were Kansas City Southern, up 1.4 percent, Waddell & Reed, up .3 percent, and UMB Financial, up .2 percent.
On Wall Street, most U.S. stocks fell, after benchmark indexes climbed to record levels last week, even as government data showed retail sales unexpectedly rose in April.
Yum! Brands Inc. fell 2.1 percent after the owner of the KFC and Pizza Hut dining chains reported a slump in April sales in China. Corning Inc. climbed 0.9 percent as analysts raised their recommendation for the shares. Theravance Inc. rose 18 percent after Elan Corp. agreed to pay $1 billion for a share in royalties on new drugs.
The Standard & Poors 500 Index rose less than 1 point to 1,633.77. The Dow Jones Industrial Average slid 26.81 points, or 0.2 percent, to 15,091.68. Almost 5.3 billion shares traded hands on U.S. exchanges Monday, or 16 percent below the three-month average, as about seven stocks declined for every five that advanced.
The BATS 1000 fell 17.39 points, or 0.09 percent, to close at 18,389.77.
Its obvious that this market has got legs, the question is whether the economy is going to grow some legs to support stocks going forward, Frank Braddock, senior portfolio manager with the Braddock Group of JHS Capital Advisors, said by phone from Columbia, South Carolina. JHS oversees about $3.4 billion.
The 0.1 percent increase in U.S. retail sales followed a 0.5 percent decline in March, Commerce Department figures showed today in Washington. The median forecast of economists surveyed by Bloomberg called for a 0.3 percent drop. A separate report showed companies in the U.S. unexpectedly held inventories in check in March as sales fell by the most in nine months, an indication orders will rise as demand picks up.
Capitol Federal Financial fell 1 cents, or 0.08%, to close at $11.94.
Cerner Corp. fell 3 cents, or 0.03%, to close at $95.05.
Commerce Bancshares Inc. rose 7 cents, or 0.17%, to close at $41.06.
Compass Minerals fell 17 cents, or 0.19%, to close at $88.33.
DST Systems Inc. fell 60 cents, or 0.86%, to close at $69.49.
Ferrellgas Partners L.P. rose 0 cents, or 0.00%, to close at $20.53.
Garmin Ltd. fell 65 cents, or 1.80%, to close at $35.47.
Great Plains Energy fell 9 cents, or 0.38%, to close at $23.79.
H&R Block Inc. fell 26 cents, or 0.93%, to close at $27.56.
Inergy L.P. fell 12 cents, or 0.50%, to close at $23.77.
Kansas City Life Insurance Co. fell 42 cents, or 1.11%, to close at $37.36.
Kansas City Southern rose $1.53, or 1.39%, to close at $111.46.
Layne Christensen Co. fell 36 cents, or 1.73%, to close at $20.41.
O'Reilly Automotive Inc. fell 55 cents, or 0.50%, to close at $109.65.
Sprint Nextel Corp. fell 18 cents, or 2.45%, to close at $7.18.
UMB Financial Corp. rose 12 cents, or 0.24%, to close at $50.69.
Waddell & Reed Financial Corp. rose 14 cents, or 0.31%, to close at $44.67.
YRC Worldwide Inc. fell 25 cents, or 1.70%, to close at $14.42.