Dow, S&P 500 end lower for 7th in 8 sessions
NEW YORK (MarketWatch) -- U.S. stocks declined Monday after retail sales fell in June for a third month, though stock indexes closed off their lows as the euro improved against the dollar. The Dow Jones Industrial Average fell 49.88 points, or 0.4%, to 12,727.21. The S&P 500 inde declined 3.14 points, or 0.2%, to 1,353.64. The Nasdaq Composite lost 11.53 points, or 0.4%, to 2,896.94. "There is worry about the China demand story and then we have a game of chicken between Congress and the fiscal cliff, and then there's is [Federal Reserve Chairman] Ben Bernanke and monetary policy, knowing he can't do it all by himself," said Art Hogan, a managing director at Lazard Capital Markets.
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