US stocks dipped at the start of the trading week, with air companies’ leading losses after billionaire investor Warren Buffett revealed his Berkshire Hathaway had unloaded shares in the four largest US airlines.
The Dow Jones Industrial Average was down nearly 350 points or around 1.5 percent shortly after the opening bell. While other key US indices, the S&P 500 and the Nasdaq Composite, also lost around one percent as trading started on Monday, the latter reversed the losses less than an hour later and was up less than 40 points.
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