NEW YORK—The U.S. stock market edged down in choppy trading Monday as energy stocks slipped, but the health-care sector pared losses made after President Barack Obama unveiled a $950 billion health-care proposal. The Dow Jones Industrial Average was down 19 points, or 0.2%, at 10381, in recent trading. Drug-maker Merck was the Dow's worst performer, down 1.3%. However, pharmaceutical company Pfizer rebounded from its earlier losses, recently up 0.3%, as investors digested the president's health-care proposal. Energy stocks also slid, with Chevron falling 1.3% and Exxon down 0.8%. The Dow's banking components strengthened, with J.P. Morgan topping the measure, up 1.6%. Bank of America added 1.5%, after a federal judge reluctantly approved a $150 million settlement Monday between the bank and the U.S. Securities & Exchange Commission over the bank's disclosures before its acquisition of Merrill Lynch last year. Home Depot also gained, up 0.7%, after fellow home improvement retailer Lowe's reported a better-than-expected 27% jump in fiscal fourth-quarter earnings as profitability and sales tied to bigger-ticket projects improved.[Read more...]