US stocks head lower, following drops overseas
Source: AP-EXCITE
By MATTHEW CRAFT
NEW YORK (AP) The U.S. stock market slid to start the week, following European markets down. Indexes recovered some of their losses by late morning.
KEEPING SCORE: The Dow Jones industrial average fell 81 points, or 0.5 percent, to 17,033 as of 10:58 a.m. Eastern time on Monday. It was down as much as 178 points in early trading. The Standard & Poor's 500 index lost eight points, or 0.4 percent, to 1,975. The Nasdaq composite fell nine points, or 0.2 percent, to 4,503.
The losses were slight but broad. All 10 industry groups in the S&P 500 traded lower, but not much. Energy stocks lost the most, 1 percent.
WHAT'S UP: The market has turned choppy in recent weeks, flipping between solid gains and steep losses. Since hitting a record on Sept. 18, the S&P 500 has slipped 1.4 percent.
FULL story at link.
FILE - This Monday, July 15, 2013, file photo, shows the American flag and Wall Street street sign outside the New York Stock Exchange, in New York. Asian stock markets were mixed Monday, Sept. 29, 2014, as pro-democracy protests in Hong Kong and concern about China's economy offset good U.S. economic news. (AP Photo/Mark Lennihan, File)
Read more: http://apnews.excite.com/article/20140929/financial_markets-6cad2bcf69.html