The Dow Jones Industrial Average sank 131 points, or 1%, to close at 12,930, its first finish below 13,000 since March 12. The blue-chip index caught a slight bounce off its intraday low of 12,904 and is still up 5.8% in 2012. The biggest laggards within the Dow were Bank of America ( BAC), Caterpillar ( CAT), and Walt Disney ( DIS). Only two of the Dow's 30 components -- McDonald's ( MCD) and Hewlett-Packard ( HPQ) -- finished in the green. The S&P 500 shed 16 points, or 1.1%, to finish at 1382. The financials, materials and transportation sectors led the declines. The index has gained 9.9% year-to-date. The Nasdaq tumbled 33 points, or 1.1%, to settle at 3047. It ran as low as 3032 on Monday and remains 18% higher on the year.
NEW YORK ( TheStreet) - Stocks fell for the fourth day in a row Monday as disappointing news on job creation in March gave investors pause ahead of first-quarter reporting season.
2012 Stock Predictions and Outlook
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