How the major US stock indexes fared on Monday

AP News
Posted: Aug 13, 2012 4:45 PM
How the major US stock indexes fared on Monday

U.S. stocks fell Monday as evidence piled up that the global economic slowdown is dragging on Asia.

Japan's economy grew in the second quarter at a 1.4 percent annual rate, slower than many analysts had expected. Last week, China released dismal figures on retail sales and exports in July. Traders had hoped Beijing would roll out stimulus measures over the weekend. That did not happen.

The Dow Jones industrial average closed down 38.52 points, or 0.3 percent, at 13,169.43.

The Standard & Poor's 500 index declined 1.76, or 0.1 percent, to 1,404.11.

Enough's Enough
Walter E. Williams

The Nasdaq composite index rose 1.66 points, or 0.1 percent, to 3,022.52.

For the year:

The Dow is up 951.87 points, or 7.8 percent.

The S&P 500 is up 146.51 points, or 11.7 percent.

The Nasdaq is up 417.37 points, or 16 percent.