Stocks Feint Higher, Then Slip; Pending Home Sales Down In June

Investor's Business Daily - Investing RSS http://ift.tt/UFWfAX Stocks quickly surrendered early gains Monday and backed into moderate losses. The Nasdaq led the decline with a 0.6% loss. The S&P 500 fell 0.5% and the Dow Jones industrial average backed off 0.4%. Volume ebbed lower, down 7% on the Nasdaq and 10% lower on the NYSE compared with the same time Friday. The stock market today received an early lift from merger news, which powered some significant moves. But Cisco Systems (CSCO) and General Electric