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Stocks fall in midday trading
Stocks fall in midday trading

Major U.S. stock market indexes nudged lower in midday trading on Monday, weighed down by a report of sluggish sales in the housing market. KEEPING SCORE: As of 12:24 p.m. Eastern time, the Standard & Poor's 500 index was down four points, or 0.2 percent, to 1,973. The Dow Jones industrial average lost 30 points, 0.2 percent, to 16,930 while the Nasdaq composite dropped 17 points, or 0.4 percent, to 4,431. HOUSING: Fewer Americans signed contracts to buy homes in June, as the real estate market appears to have cooled off this summer. The National Association of Realtors said that pending home sales index slipped 1.1 percent last month. A combination of meager wage growth and...

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