U.S. stocks fell on Monday after a plan to tax bank
accounts in Cyprus to help pay for the country's bailout stoked worries that it
could threaten the stability of financial institutions in the euro zone.
The Dow Jones industrial average slipped 62.05 points, or
0.43 percent, to 14,452.06 at the close. The Standard & Poor's 500 Index
shed 8.60 points, or 0.55 percent, to 1,552.10. The Nasdaq Composite Index
dropped 11.48 points, or 0.35 percent, to close at 3,237.59.
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