US stocks declined sharply on Monday as disbelief
about latest European agreement amid depressed Intel Corp. outlook boosted a
drop in markets. Dow Jones Industrial Average lost 1.3% or 162.87 points
finishing at 12,021.39, S&P 500 Index sank 1.5% or 18.72 points to 1,236.47,
whereas Nasdaq Composite fell 1.3% or 34.59 points closing at 2,612.26.