Wal-Mart, Bank of America: Dow Movers
NEW YORK (TheStreet) -- U.S. stocks fell Monday as fears about Europe's political and economic stability rattled investors.
The Dow Jones Industrial Average fell 102 points, or 0.8%, to close at 12,927. The S&P 500 dropped nearly 12 points, or 0.8%, to finish at 1367 and the Nasdaq Composite lost 30 points, or 1%, to settle at 2970.
Breadth within the Dow was negative with 27 of the index's 30 components posting losses.
Shares of Wal-Mart fell 4.66% to $59.54 on about five times the stock's average daily trading volume. The discount retailer reportedly used bribes in Mexico to help build stores and gain market share in the country.