U.S. stocks down again on Europe worries
NEW YORK (MarketWatch) -- U.S. stocks fell hard Monday as hope dimmed for European leaders to get the upper hand on the region's debt trouble. "Unfortunately as we vacillate between cynicism and optimism about European leaders getting anything done, cynicism seems to be ruling the day," said Art Hogan, market strategist at Lazard Capital Markets. Down for a third session in four, the Dow Jones Industrial Average lost 138.12 points, or 1.1%, to 12,502.66. Also down for a third in four sessions, the S&P 500 Index shed 21.3 points, or 1.6%, to 1,313.72. The Nasdaq Composite dropped 56.26 points, or 2%, to 2,836.16.