ARTICLE SERVICES            Reprint this article     Print this article       Send as an e-mail     Send Feedback       Post a comment       RELATED STORIES   Oil rises 5% on geopolitical concerns 79 today LBP asks court to halt Meralco trades China wants new global monetary system Solons caution gov’t on privatization More Stories » Business Aim to retire with no debts PLDT taps Meralco for new venture Corporate war comes to Philex RCBC bent on expansion EDC to raise P18B more April exports fall 35.2% on year Wall Street crook to earn pennies Piltel transforms into holding firm Plan your fun-spending this summer Money lessons you won't learn in class Business GMA 7 expanding overseas Thrift bank up for sale BSP wants cover for forex losses Focus backs out of Tindalo venture S&P affirms RP ratings, stable outlook QC judge told issue arrest order vs PBA cager Mobile money exchange scheme launched PLDT taps Meralco for new venture Robinsons mall, hotel to rise in Tacloban Lodestar, OVMPC sign deal BSP ready to act to counter downturn Problems in search of marketing solutions   Business Most Read RSS Phil Center For Hair Restoration Surgery Real & permanent solution to hair loss. 50% off. Call Celso at 3386895, 0920-9011068 Diamond Hotel Philippines Look for: Lourdes Vera Cruz Tel. No.: 528.3000 loc. 8414 Mobile: 0915.434.3010 (Lourdes)

NEW YORK — US stocks fell Monday as investors booked profits after last week's run-up, while concerns about slowing cell phone sales hit shares of the biggest telecommunications companies.

The Dow Jones industrial average slid 81.80 points, or 0.91 percent, at 8,952.89. The S&P 500 index fell 4.34 points, or 0.47 percent, at 927.46. The Nasdaq Composite Index shed 4.18 points, or 0.26 percent, at 1,628.03.

AT&T and Verizon dragged the Dow down on fears about wireless growth. S&P telecom services index fell 3.9 percent.

Energy stocks gained as crude oil settled more than five percent higher on supply fears.

Apple, up 4.2 percent, was among the largest gainers on the Nasdaq.

• Oil rises 5% on geopolitical concerns
• 79 today
• LBP asks court to halt Meralco trades

• China wants new global monetary system
• Solons caution gov’t on privatization