Stocks fell for the fifth straight trading session Thursday, pulled lower by continued eurozone debt contagion worries and a disappointing read on manufacturing activity in the Philadelphia region.The Dow Jones Industrial Average fell 156 points, or 1.2% to close at 12,442.
The S&P 500 dropped 19 points, or 1.5%, at 1304.
The Nasdaq shed 60 points, or 2%, to close at 2813.
U.S. stocks recovered Monday afternoon from modest losses earlier in the day, as investors considered the implications of leadership changes in France and Greece. The Dow Jones industrial average finished down 30 points, or 0.2%.
The S&P 500 added less than half of a point.
The Nasdaq composite rose 1 point, or 0.1%. All three indexes started the day in the red, falling as much as 0.5%.
The Dow Jones Industrial Average rose 67 points, or 0.5%, to close at 13,280, after hitting an intra-day high of 13,338, levels not seen since late 2007.
The S&P 500 gained 8 points, or 0.6%, to finish at 1406.
The Nasdaq added 4 points, or 0.1%, to close at 3050.
