U.S. stocks fell on Monday as concerns about fraud charges against Goldman Sachs continued to weigh on the market, overshadowing positive news from Citigroup 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)