How the major stock averages fared Monday
- Article by: The Associated Press
- Associated Press
- November 26, 2012 - 3:12 PM
Traders came back to work after the Thanksgiving weekend to the same old worries about the fiscal cliff and the European debt crisis. The stock market was down throughout the day Monday as Washington lawmakers and business groups bickered over the proper rates for taxing and spending. In Europe, leaders tried to cobble together another bailout loan for Greece.
The Dow Jones industrial average fell 42.31 points, or 0.3 percent, to close at 12,967.37.
The Standard & Poor's 500 index fell 2.86 points, or 0.2 percent, to 1,406.29.
The Nasdaq composite rose 9.93 points, or 0.3 percent, to 2,976.78.
For the year:
The Dow is up 749.81, or 6.1 percent.
The S&P 500 is up 148.69, or 11.8 percent.
The Nasdaq is up 371.63, or 14.3 percent.
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