NEW YORK (

TheStreet

) -- Stocks fell Monday as investors

worried about debt issues in Europe

.

The

Dow Jones Industrial Average

lost 6.74 points, or 0.05%, to 12,653.72 Monday. The

S&P 500

dropped 3.31 points to 1,313.02 and the

Nasdaq Composite

had a 4.61 point decline to 2,811.94.

Breadth within the Dow was negative with 16 of the index's 30 components losing ground. Both

HP

(HPQ) - Get Report

and

McDonald's

(MCD) - Get Report

ended Monday flat.

The biggest percentage decliners among the blue chips were

Bank of American

(BAC) - Get Report

,

Procter & Gamble

(PG) - Get Report

and

American Express

(AXP) - Get Report

.

Bank of America shares dropped 3.02% to $7.07. The bank was rated

an investment worse

than rival

Citigroup

(C) - Get Report

, according to

Goldman Sachs

analysts.

The analysts, in a report, wrote there is a "clearer path for Citigroup to return capital" through dividends and buybacks than Bank of America.

TheStreet Ratings

gives Bank of America

a D grade

and a sell rating.

Shares of Procter & Gamble declined 1.7% to $63.21. The company was downgraded by

UBS analysts to a neutral rating from a buy

with a $66 price target.

Procter & Gamble gets an A- grade from

TheStreet Ratings

with a buy rating and price target of

$74.84

.

American Express shares fell 1.46% to $49.12. The company is

JPMorgan

analysts' second top pick in the credit card issuer space, which

Citigroup analysts said is well-positioned compared with other financial companies, given the Federal Reserve's plan to hold interest rates at their historic lows through 2014

.

TheStreet Ratings

gives American Express an A grade with a buy rating and a

$65.60

price target.

The biggest gainers within the Dow were

IBM

(IBM) - Get Report

,

Microsoft

(MSFT) - Get Report

and

Verizon

(VZ) - Get Report

. Each posted gains slightly more than 1%.

--

Written by Alexandra Zendrian in New York.

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Alexandra Zendrian

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.