US stocks ended lower on Monday as ECB and
European FMs did not manage to provide plausible details how to curb debt
crisis. Moreover Draghi, ECB president, denied bank's possible intervention in
bond purchases. S&P 500 index tumbled 1.2% or 14.31 points to 1,205.35,
Dow Jones Industrial Average finished 0.8% or 100.13 points down
at 11,766.26, while Nasdaq Composite Index declined 1.3% or 32.19
points reaching 2,523.14.