The Dow Jones industrial average fell for a third straight day on Monday amid investor concern about the strength of the economy. The potential for a budget fight in Washington also weighed on the stock market.
Financial companies fell on concern that earnings would be hurt by lower trading volumes of bonds and foreign currencies at their investment banks.
The Dow Jones industrial average fell 49.71 points, or 0.3 percent, to close at 15,401.38.
The Standard & Poor's 500 index fell 8.07 points, or 0.5 percent, to 1,701.84.
The Nasdaq composite fell 9.44 points, or 0.3 percent, to 3,765.29.
For the year so far:
The Dow is up 2,297.24 points, or 17.5 percent.
The S&P 500 is up 275.65 points, or 19.3 percent.
The Nasdaq is up 745.78 points, or 24.7 percent.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Original headline: How the Dow Jones industrial average fared Monday
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