News Summary: Stocks fall, led by JPMorgan

AP News
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Posted: May 11, 2012 5:22 PM
News Summary: Stocks fall, led by JPMorgan

DOWN, AGAIN: The Dow Jones industrial average has now fallen for two weeks in a row. It has fallen in seven of the last eight trading sessions.

JPMORGAN: Financial stocks led the decline after JPMorgan Chase disclosed a surprise $2 billion trading loss. Other sectors were flat-to-down.

WHAT'S NEXT: Lots of economic reports on Tuesday, including housing and inflation data.