AP News

How the major US stock indexes fared Monday


Stocks reversed an early rise on Wall Street Monday as traders returned to worrying about the European economy. Optimism about a deal to prevent financial collapse in Cyprus had briefly pushed the Standard & Poor's 500 index to within a quarter-point of its record closing high, but stocks soon turned negative.

The Dow Jones industrial average fell 64.28 points to 14,447.75.

The S&P 500 closed down 5.20 points at 1,551.69.

The Nasdaq composite index dropped 9.7 to 3,235.30.

For the year:

The Dow is up 1,343.61 points, or 10.3 percent.

The S&P 500 is up 125.50, or 8.8 percent.

The Nasdaq is up 215.79, or 7.2 percent.


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