US stocks fell on Monday as investors locked in gains from a hefty multi-week rally and braced for new economic data.
The Dow Jones Industrial average declined 155.88 points, or 1.82%, to settle at 8,418.7.
The Standard & Poor`s 500 index dropped 19.99 points, or 2.15%, to end at 909.24.
The NASDAQ Composite index decreased 7.76 points, or 0.45%, to close at 1,731.24.
Majority of Indian ADRs ended on a negative note barring Patni Computer Systems.
Tuesday, May 12, 2009
US markets end lower
Posted by Admin at 9:48 AM
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