(August 18, 2008)—Renewed concerns about the financial sector took a toll on stocks Monday.
The Dow fell 180 points to 11,479.
The S&P 500 index dropped 19 points to 1,278.
The Nasdaq composite lost 35 points to 2,416.
Declining issues outnumbered advancers by an 11 to 4 margin.
Volume on the NYSE came to 3.7 billion shares.
Nasdaq stock market volume was 1.6 billion shares.
Light, sweet crude for September delivery fell 90 cents to settle at $112.87 on the New York Mercantile Exchange.
Fannie Mae and Freddie Mac both recorded declines of more than 20 percent Monday.
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