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How the major US stock indexes fared on Monday

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How the major US stock indexes fared on Monday
Submitted by Fox First at Ten on July 23rd

By The Associated Press

U.S. stocks fell Monday on fears the Spanish government may need a bailout. The cost of borrowing for Madrid soared to its highest since the euro was adopted in 1999. The single currency dropped to a two-year low against the dollar.

The Dow Jones industrial average fell 101.11 points, or 0.8 percent, to 12,721.46.

The Standard & Poor's 500 fell 12.14 points, or 0.9 percent, to 1,350.52.

The Nasdaq composite index fell 35.15 points, or 1.2 percent, 2,890.15.

For the year:

The Dow is up 503.90 points, or 4.12 percent.

The S&P 500 is up 92.92 points, or 7.39 percent.

The Nasdaq is up 285.00 points, or 10.94 percent.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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