Banks rise again to lift stocks ahead of earning (Reuters)

January 9, 2012

NEW YORK (Reuters) – Stocks turned negative on Monday, with all three major indexes falling into the red, as financial and technology shares pulled back from earlier levels.

The Dow Jones industrial average (.DJI) dropped 25.24 points, or 0.20 percent, to 12,334.68. The Standard & Poor’s 500 Index (.SPX) lost 3.01 points, or 0.24 percent, to 1,274.80. The Nasdaq Composite Index (.IXIC) shed 10.66 points, or 0.40 percent, to 2,663.56.

(Reporting By Chuck Mikolajczak; editing by Jeffrey Benkoe)

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