Investing.com - U.S. stocks fell on Monday after posting gains earlier on fears that the U.S. and Russia may enter an impasse over how to end violence in Syria, a Moscow ally.
At the close of U.S. trading, the Dow Jones Industrial Average finished down 0.43%, the S&P 500 index fell 0.40%, while the Nasdaq Composite index slid 0.01%.
U.S. Secretary of State John Kerry said earlier that nations who use chemical weapons during armed conflicts, allegations that Syria currently faces, should be held globally accountable.
Russia, meanwhile, said the U.S. was jumping to conclusion over Syria, which spooked investors a little and prompted selling.
Stock rose earlier after weaker-than-expected durable goods orders kept expectations going that the Federal Reserve won't rush to taper stimulus programs such as monthly bond purchases, which bolster stock prices by keeping borrowing costs lower.
The Commerce Department reported earlier Monday that U.S. durable goods orders dropped 7.3% in July, much worse than market expectations for a 4.0% decline. The July figure marked the largest decline since August 2012.
Core durable goods orders, which are stripped of volatile transportation items, fell 0.6% last month, defying expectations for a 0.5% increase.
On Friday, the Commerce Department reported that new home sales in the U.S. dropped 13.4% to 394,000 units in July, far worse than market expectations for a 1.4% decline.
Leading Dow Jones Industrial Average performers included Home Depot, up 2.08%, Alcoa up 0.25%, and McDonald's, up 0.22%.
The Dow Jones Industrial Average's worst performers included Procter & Gamble, down 1.84%, Microsoft, down 1.67%, and Verizon, down 1.39%.
European indices, meanwhile, finished mixed.
After the close of European trade, the EURO STOXX 50 fell 0.23%, France's CAC 40 fell 0.06%, while Germany's DAX 30 finished up 0.22%. Meanwhile, in the U.K. markets were closed on holiday.
On Tuesday, the U.S. is to publish private-sector data on house price inflation as well as a closely watched report on consumer confidence.
At the close of U.S. trading, the Dow Jones Industrial Average finished down 0.43%, the S&P 500 index fell 0.40%, while the Nasdaq Composite index slid 0.01%.
U.S. Secretary of State John Kerry said earlier that nations who use chemical weapons during armed conflicts, allegations that Syria currently faces, should be held globally accountable.
Russia, meanwhile, said the U.S. was jumping to conclusion over Syria, which spooked investors a little and prompted selling.
Stock rose earlier after weaker-than-expected durable goods orders kept expectations going that the Federal Reserve won't rush to taper stimulus programs such as monthly bond purchases, which bolster stock prices by keeping borrowing costs lower.
The Commerce Department reported earlier Monday that U.S. durable goods orders dropped 7.3% in July, much worse than market expectations for a 4.0% decline. The July figure marked the largest decline since August 2012.
Core durable goods orders, which are stripped of volatile transportation items, fell 0.6% last month, defying expectations for a 0.5% increase.
On Friday, the Commerce Department reported that new home sales in the U.S. dropped 13.4% to 394,000 units in July, far worse than market expectations for a 1.4% decline.
Leading Dow Jones Industrial Average performers included Home Depot, up 2.08%, Alcoa up 0.25%, and McDonald's, up 0.22%.
The Dow Jones Industrial Average's worst performers included Procter & Gamble, down 1.84%, Microsoft, down 1.67%, and Verizon, down 1.39%.
European indices, meanwhile, finished mixed.
After the close of European trade, the EURO STOXX 50 fell 0.23%, France's CAC 40 fell 0.06%, while Germany's DAX 30 finished up 0.22%. Meanwhile, in the U.K. markets were closed on holiday.
On Tuesday, the U.S. is to publish private-sector data on house price inflation as well as a closely watched report on consumer confidence.