Stocks held modest losses Monday amid jitters over the euro zone’s ongoing debt crisis and after the World Bank cut its growth estimates for East Asia, raising fresh worries over the global economy.
The Dow Jones Industrial Average declined, led by Home Depot [HD 62.0725
-1.1275 (-1.78%)
] and Disney [DIS 52.25
-0.72 (-1.36%)
] , after finishing at its best level since December 2007 in the previous session. Alcoa [AA 9.15
0.06 (+0.66%)
] led the blue-chip gainers.
The S&P 500 and the Nasdaq also dipped. The CBOE Volatility Index, widely considered the best gauge of fear in the market, jumped above 15.



