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(CNBC) -- Stocks slipped on Monday, but the Dow capped off its best month since 1976 and all the major averages snapped a two-month losing streak.
The Dow Jones Industrial Average fell 128.85 points, or 0.39%, to settle at 32,732.95. The S&P 500 shed 0.75% to finish at 3,871.98, while the Nasdaq Composite tumbled 1.03% to 10,988.15.
Markets made a huge comeback in October. The Dow guided those gains, soaring 13.95% for the month. The 30-stock finished its best month since 1976 as investors bet on more traditional companies, like banks, to lead the next bull. The S&P and Nasdaq gained 8% and 3.9%, respectively, for October.
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