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Banks, oil stocks weigh on Wall St., keep Dow from 20,000

from Reuters

The Dow Jones Industrial Average declined on Monday, retreating from the historic 20,000 mark, weighed down by banks and energy companies, while a gain in technology stocks kept the Nasdaq afloat. Of its 30 components, 20 of the Dow's stocks were trading lower, led by Goldman Sachs's 1.4 percent decline. P&G fell 0.9 percent and Coca-Cola dropped 0.5 percent after Goldman downgraded both the consumer staple stocks. more


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