Wall Street fell from record levels on Monday as gains in Microsoft and other technology stocks failed to offset a decline in General Electric and a slide in healthcare stocks.

The S&P healthcare index ended the trading day 0.67 percent lower, weighed by a 3.61-percent slide in Medtronic after the medical device maker warned that its quarterly earnings number would be impacted by Hurricane Maria, which had an adverse impact on its operations in Puerto Rico.

Also weighing on the healthcare sector, Express Scripts (ESRX.O) lost 5 percent after Raymond James downgraded the stock to “underperform” from “market perform”.

The S&P 500 is up 14 percent in 2017 and last week hit record highs, buoyed by strong company earnings and enthusiasm that President Trump will reduce corporate taxes.

JPMorgan Chase and Citigroup will report earnings on Thursday, as the third-quarter corporate reporting season starts to move into high gear with the Street looking  for strong growth to justify current valuations.

Overall, earnings at S&P 500 companies are expected to have increased 4.8 percent last quarter, according to Thomson Reuters data, down from the double-digit growth recorded in the first two quarters of this year.

GE fell 3.94 percent after the conglomerate named a new CFO and said it gave activist investment firm Trian Fund Management a board seat.

Nvidia rose 2.26 percent and the S&P 500 information technology index added 0.24 percent, bringing its gain in 2017 to 28 percent.

The CBOE Volatility index rose 0.77 point to 10.42, its highest point in two weeks.

Shares of cinema stocks AMC Entertainment and Regal Entertainment fell more than 4 percent after domestic opening weekend ticket sales for science fiction sequel “Blade Runner 2049” fell short of expectations.

Tesla fell 3.91 percent after pushing back the unveiling of its big rig truck to mid-November.

Viacom slipped 6.37 percent after Citigroup downgraded the stock to “sell”, citing risks that pay-TV firms would stop carrying its channels.

Approximately 4.4 billion shares changed hands on the major domestic equity exchanges, a number that was well below the 6.1 billion share daily average for the past 20 trading days, according to Thomson Reuters data.