US STOCKS SNAPSHOT-Market off on Goldman, chipmakers slide
NEW YORK, April 19 |
NEW YORK, April 19 (Reuters) - U.S. stocks fell on Monday as concerns about fraud charges against Goldman Sachs (GS.N) continued to weigh on the market, overshadowing positive news from Citigroup (C.N) earnings and upbeat economic data.
The tech-heavy Nasdaq Composite briefly dropped more than 1 percent, with the PHLX semiconductor index .SOXX down more than 2.5 percent.
The Dow Jones industrial average .DJI fell 19.95 points, or 0.18 percent, to 10,998.71. The Standard & Poor's 500 Index .SPX slid 5.70 points, or 0.48 percent, to 1,186.43. The Nasdaq Composite Index .IXIC lost 23.03 points, or 0.93 percent, to 2,458.23. (Reporting by Rodrigo Campos; Editing by Jan Paschal)
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