Markets anemic Monday - UPI.com 24 (UPI) -- U.S. stock markets opened with modest losses Monday, with investors adjusting their positions after a wave of policy-stoked optimism. In recent weeks, the European Central Bank, the U.S. Federal Reserve and the Bank of Japan announced bond-buying programs, which each gave markets a lift. At a new level, stocks now have to rely on their own merits. In early afternoon trading, the Dow Jones industrial average shed 26.71 points, or 0.2 percent, to 13,52.76. The tech-dominated Nasdaq Composite index lost 24.44 points, or 0.77 percent, to 3,155.27. The Standard and Poor's 500 gave up 4.88 points, 0.33 percent, to 1,455.27. The benchmark 10-year treasury rose 11/32 to yield 1.717 percent. The euro fell to $1.2924 from Friday's $1.2981. The U.S. dollar fell to 77.87 yen from 78.15 yen. In London, the FTSE 100 index lost 0.24 percent, 13.78 points, to 5,838.84.