U.S. stocks fall on service data

U.S. shares closed lower on Monday session after the country's government reported that service industry eased in the last month of 2013 and new orders in manufacturing rebounded in December. The Dow Jones Industrial average slipped 44.89 points to 16,425.10, the Standard & Poor's 500 Index shed 4.60 points to 1,826.77 and the Nasdaq Composite index lost 18.226 to 4,1113.681.