The markets have been in a bit of a funk for the past few trading days as a summer malaise sets in. August tends to be a month of light trading volumes and muted market movements.
All the major U.S. stock indexes declined by roughly 1% last week. But even with the loss of momentum, stocks have still gained between 18% and 23% in 2013.
Apple(AAPL) shares rose slightly in premarket trading after the International Trade Commission on Friday banned Samsung from importing or selling several devices that it said infringe on Apple patents.