Worrying news out of Europe sent stocks lower Monday. The Dutch government collapsed Monday, a day after French President Nicolas Sarkozy lost the first round of that country's presidential election. A new report showed that European government debt is piling up despite severe budget cuts.
The Dow Jones industrial average fell 102.09 points, or 0.8 percent, to close at 12,927.17.
The Standard & Poor's 500 index fell 11.59 points, or 0.8 percent, to 1,366.94.
The Nasdaq composite index fell an even 30 points, or 1 percent, to 2,970.45.
For the year so far:
The Dow is up 709.61 points, or 5.8 percent.
The S&P 500 is up 109.34 points, or 8.7 percent.
The Nasdaq is up 365.30 points, or 14 percent.