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U.S. stocks fall back after Friday's rally amid Greek, China worries

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Shutterstock photo - -- U.S. stocks fell broadly on Monday amid worries in Greece and China, retreating from Friday's significant rally following a mixed employment report from the Labor Department.

The Dow Jones Industrial Average, NASDAQ Composite index and S&P 500 Composite index all closed lower on the session, as energy stocks weighed on all three major indices. The Dow fell 85.94 or 0.47% to 18,105.17, paring some of its gains from Friday when it rose by more than 265 points to post its biggest gain in more than a month.

The NASDAQ dipped 9.98 or 0.20% to fall below 5,000 at 4,993.57, while the S&P 500 lost 10.77 or 0.51% to 2,105.33. Stocks on the energy sector lagged, plunging by more than 1.95% on the session. Eight other sectors also closed in the red, as Telecommunication and Utilities stocks also fell by more than 0.6%. Stocks in the Health Care industry, the leading sector on the session, were flat.

The top performer on the Dow on Monday was Caterpillar Inc (NYSE:CAT), which gained 1.46 or 1.67% to 88.77, after analysts at Robert W. Baird upgraded its stock to an outperform from a neutral, amid a possible floor in commodity prices. The worst performer was Exxon Mobil Corporation (NYSE:XOM), which lost 2.21 or 2.48% to 86.78.

The biggest gainer on the NASDAQ was Monster Beverage Corporation (NASDAQ:MNST), which rose 5.54 or 4.31% to 134.01, paring some of its losses last week when it plummeted more than 10% on Friday following worse than expected quarterly earnings. The worst performer on the NASDAQ was Wynn Resorts Limited (NASDAQ:WYNN), after Bloomberg reported that T. Rowe Price Group, the casino resort's largest stockholder, cut its stake in Wynn by nearly 40%. Shares in Wynn fell 3.76 or 3.19% to 114.08 on Monday.

On the S&P 500, the top performer was Joy Global Inc (NYSE:JOY), amid expectations of a rebound in mining equipment shipments. Joy Global, a Milwaukee-based heavy machinery and surface mining manufacturer, gained 2.19 or 5.21% to 44.22. The worst performer was Noble Energy Inc (NYSE:NBL), which fell 3.05 or 6.21% to 46.07.

Shares in Etsy Inc (NASDAQ:ETSY), an online craft marketplace website, fell almost 10% as analyst warned as much as 2 million of it items could be counterfeit or in violation of federal trademark laws. Etsy closed at $30 when it went public on April 16, but fell 1.86 or 8.19% to 20.85 on Monday. offers an extensive set of professional tools for the financial markets.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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