NEW YORK - US stocks have finished lower amid mixed US economic data to kick off the first full week of trade of 2014. At the closing bell on Monday, the Dow Jones Industrial Average fell 44.89 points (0.27 per cent) to 16,425.10. The broad-based S&P 500 declined 4.60 points (0.25 per cent) to 1,826.77, while the tech-rich Nasdaq Composite Index gave up 18.22 points (0.44 per cent) at 4,113.68. Peter Cardillo, chief market economist at Rockwell Global Capital, said investors were somewhat disappointed by a report showing slowing growth in the service sector in December. On the flip side, Cardillo pointed to a strong report on new factory orders, which in November reached their highest level since 1992. Cardillo said the market is unlikely to record major moves before Wednesday's release of the minutes from the Federal Reserve's December meeting, and Friday's monthly jobs report. "What we're seeing is basically a market that's on hold," Cardillo said. LONDON - Upbeat eurozone data has helped boost the euro, but top European stock markets mostly ended in the red, dragged down by losses on Wall Street. London's benchmark FTSE 100 index ended Monday flat at 6,730.73 points, but Frankfurt's DAX 30 dipped 0.08 per cent to 9,428 points and the CAC 40 in Paris shed 0.47 per cent to 4,227.54 points. The FTSE and DAX had spent most of the afternoon in positive territory after survey data showed the eurozone making a continuing, if uneven, economic recovery. The Composite Purchasing Managers' Index compiled by Markit Economics, for both services and manufacturing activity, rose to 52.1 points in December from 51.7 in November. The reading was in line with the first flash estimate and held above the key 50-points boom-or-bust line. TOKYO - Asia's markets have fallen in the first full day of trade in the new year, with Tokyo tumbling as the dollar and euro retreat from five-year highs against the yen. Investors were given a mixed lead from Wall Street after Federal Reserve chief Ben Bernanke called for continued efforts to reinforce the recovery in the US economy. Tokyo fell 2.35 per cent, or 382.43 points, to 15,908.88, Sydney lost 0.47 per cent, or 25.2 points, to 5,324.9, Shanghai gave up 1.80 per cent, or 37.43 points, to finish at 2,045.71, while Hong Kong lost 0.58 per cent, or 133.13 points, to close at 22,684.15. Japan's Nikkei started the year with heavy losses after surging 57 per cent in 2013, with profit-taking adding to downward pressure, while the yen rebounded from recent lows. WELLINGTON - New Zealand joined Asian equity markets in retreating after figures showed slower Chinese services sector activity. The NZX 50 Index fell 3.720 points, or 0.1 per cent, to 4765.318 on Monday.