How the major stock indexes fared Monday

AP News
Posted: Nov 14, 2011 4:35 PM
How the major stock indexes fared Monday

The stock market fell Monday after a jump in Italy's borrowing costs reminded investors of how much work remains to be done to contain Europe's debt problems.

The Italian government had to pay the highest rate at an auction of five-year bonds since 1997. That's a sign investors are still concerned about Italy's ability to repay its debts. And Italy's biggest bank, Unicredit, reported a $14.4 billion loss.

The Dow Jones industrial average fell 74.70 points, or 0.6 percent, to close at 12,078.98.

The S&P 500 index fell 12.06 points, or 1 percent, to 1,251.79.

The Nasdaq composite fell 21.53, or 0.8 percent, to 2,657.22.

For the year to date:

The Dow is up 501.47, or 4.3 percent.

The S&P 500 is down 5.85, or 0.5 percent.

The Nasdaq is up 4.35, or 0.2 percent.