Stocks moved mostly lower during trading on Monday, giving back ground following the strong performance seen last week. The major averages all moved to the downside, with the Dow showing a particularly steep drop.
The major averages climbed off their worst levels of the day but still closed in negative territory. The Dow tumbled 271.73 points or 0.9 percent to 29,639.64, the Nasdaq edged down 7.11 points or 0.1 percent to 12,198.74 and the S&P 500 fell 16.72 points or 0.5 percent to 3,621.63.
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