New Yrok, NY (AP) - Stocks are paring early losses to end slightly
lower on lingering fears that the European debt crisis will
continue to spread.
The Dow Jones industrial average dipped below 11,000 earlier in
the day and had fallen as much as 123 points.
However, news that manufacturing has picked up in the Dallas and
Chicago areas gave investors hope that the U.S. economy is on the
The Dow pared back much of the day's losses and closed down 39
points, or 0.4 percent, to close at 11,052 Monday.
The S&P 500 edged down 2 points to close at 1,188. The Nasdaq
fell 9, or 0.4 percent, to 2,525.
Falling shares outpaced rising ones by three to two on the New
York Stock Exchange. Volume was 923 million shares.
(Copyright 2010 by The Associated Press. All Rights Reserved.)