World Markets

US STOCKS SNAPSHOT-S&P in red as Wall Street rally fades

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Dec 26 (Reuters) - The S&P 500 .SPX slipped into the redon Monday, reversing course after having risen more than 1percent earlier in the session and pushing the benchmark indexcloser towards bear market territory.

The Dow Jones Industrial Average .DJI also gave up gainsof more than 1 percent to head lower. The blue-chip index wasdown 69.60 points, or 0.32 percent, at 21,722.60 at 10:56 a.m.ET.

The S&P 500 was down 3.11 points, or 0.13 percent, at2,347.99, while the Nasdaq Composite .IXIC was up 24.23points, or 0.39 percent, at 6,217.15.


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