Updated from 4:18 p.m. EST
Stocks in the U.S. ended modestly lower Monday, as traders weighed a government plan to help homeowners against jarring remarks from the Federal Reserve on the subprime mortgage mess.
The Dow Jones Industrial Average spent time on both sides of the flat line before falling 57.15 points, or 0.43%, to 13,314.57. The S&P 500 briefly poked into positive territory but ultimately ended down 8.72 points, or 0.59%, to 1472.42. The Nasdaq Composite lost 23.83 points, or 0.9%, at 2637.13.
Stocks had earlier gained ground following comments from Treasury Secretary Henry Paulson, who confirmed that the federal government is working with mortgage lenders to create a plan that would essentially bail out consumers with subprime mortgages. ...
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