U.S. stocks were lower Monday, as the leading Dow Jones index fell into the red for the year.
Investors began the week with concerns over the continuing crisis in Greece as well as volatility in the bond markets at home. 10-year Treasury notes soared to their highest levels in eight months Friday, following a better-than-expected jobs report. The report gave added fuel to concerns that an interest rate hike will be coming sooner rather than later.
Meanwhile, European Commission President Jean-Claude Juncker warned Greece that time was running out to secure a deal with creditors and avoid an outright default on the debt.
European leaders also re-affirmed that current sanctions against Russia would remain in place until a more permanent plan for peace in Ukraine is established.
Here are the final numbers from Monday on Wall Street:
Dow Jones Industrial Average: 17,766.55 (-82.91)
NASDAQ: 5,021.63 (-46.83)
S&P 500: 2,079.28 (-13.55)
