Selling in stocks accelerated after midday on the first trading day of the week, and remained lower going into the close.
The Dow fell 59.42. The Nasdaq Composite lost 31.97. And the S&P 500 closed lower by 16.25.
Here are 7 Stocks You Need to Know for Tuesday.
Micron Technology ( MU | Quote | Chart | News | PowerRating) reports quarterly earnings Tuesday after the market closes. Analysts are expecting an EPS loss of 43 cents.
Cost-savings on all fronts have encouraged more and more consumers to opt for inexpensive dining at establishments like McDonald's ( MCD | Quote | Chart | News | PowerRating), which was among the few Dow stocks in the green on Monday.
Monsanto ( MON | Quote | Chart | News | PowerRating) found itself cut to a "neutral" by Goldman Sachs ( GS | Quote | Chart | News | PowerRating), which cited the company's likely difficulty in maintaining profits during the continued decline in commodity prices.
Far and away the worst performer in the Dow on Monday was General Motors ( GM | Quote | Chart | News | PowerRating). GM was down more than 20% late in trading on the day.
Reporting earnings Monday before the market opened, Walgreen's ( WAG | Quote | Chart | News | PowerRating) missed expectations by five cents. The stock broke down from a 10-day consolidation range as sellers overwhelmed buyers on the day.
Toyota Motor Company ( TM | Quote | Chart | News | PowerRating) warned that was likely to post the first annual operating loss in the company's history due to waning demand.
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