U.S. stocks tumbled on weak data

The U.S. markets dropped on Monday after weak U.S. new home sales data and disappointing revenues from Apple, despite the fact Caterpillar and Boeing reported on stronger than it was predicted earnings.  The S&P 500 Index tumbled 0.07 per cent, to 1,337.32; the Nasdaq Composite Index erased 0.28 per cent, to 2,855.06, while the Dow Jones Index edged higher 0.41 per cent, to 12,669.43.