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Stocks Erase Early Gains

Stock quotes in this article: LEH , HR , UBS , AAPL , MCD , CIT , NWA , UAL  

Updated from 1:32 p.m. EDT

Stocks were petering out Monday afternoon as blue chips struggled to sustain even a modest recovery from the previous session's giant selloff, with tech shares sliding even further into the red.

The Dow Jones Industrial Average, up roughly 120 points earlier, recently pared back to a gain of 16 points, or 0.1%, to 12,226. The S&P 500 lost its grip on positive territory entirely, recently sinking 8 points, or 0.6%, to 1353.

The Nasdaq Composite, which has been weak for the entire session, lately dropped 37 points, or 1.5%, to 2437 as big tech names Cisco (CSCO Quote), Apple (AAPL Quote) and Google (GOOG Quote) saw weakness. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,328.89 1,102.47 2,211.69 35.46
Oil *
73.88
UP
20.63
UP
6.40
UP
31.64
UP
0.59
10 Yr
3.55%
SPDR Gold
108.95
+0.20%
+0.58%
+1.45%
+1.69%
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