Stocks lower on weak U.S. earnings outlook
Investors looked warily at forecasts for poor U.S. corporate earnings and weaker growth in Asia and decided there wasn't much reason to buy stocks.
The Dow Jones industrial average gave up 26.50 points to close at 13,583.65 points Monday. The Standard & Poor's 500 index fell 0.35 percent to 1,455.88 and the Nasdaq composite lost 0.76 percent to 3,112.35.
Companies in the S&P 500 index...