Dow Jones Industrial Average Index slumped 0.29% on Monday on high risk-aversion among investors. Disappointing Japan's data as well as pessimistic news from China weighted down on US equities. However, speculation that Eurozone and China will loosen their monetary policies continued to restrict the downswing. All industries included in the index declined. The top-losers were basic materials and health care sectors. Among materials producers, Alcoa and EL du Pont de Nemours plunged 1.67% and 1.66%. Pfizer and Johnson & Johnson dragged health care industry lower, declining by 0.92% and 0.26%, respectively. Meanwhile, financials were mixed, with JPMorgan Chase & Co gaining 0.05% and Bank of America retreating 0.26%. Telecommunication companies also followed bearish trend as AT&T and Verizon Communications sank 0.27% and 0.74%.