US stocks have opened slightly lower as the market takes a breather from the aggressive buying that has characterised most of 2013 so far.
Five minutes into trade on Thursday, the Dow Jones Industrial Average was 14.86 points, or 0.11 per cent, lower at 13,971.66.
The S&P 500 index dropped 0.28 point, or 0.02 per cent.
The tech-rich Nasdaq Composite Index fell 0.20 point, or 0.01 per cent.
Thursday's trading followed a middling session on Wednesday when markets concluded the day little-changed.
The S&P 500 is already up six per cent this year "and there has been a litany of warnings from pundits that the market is due for a pullback", said Briefing.com analyst Patrick O'Hare.
"The latter view, however, has often been couched with the acknowledgment that there is a lot of frustrated money on the sidelines waiting to buy on weakness," O'Hare added.
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