U.S.MARKET UPDATE

U.S. stocks ended down on Monday, led by losses in biotech shares after disappointing news from several companies including Amgen.

The Dow Jones industrial average fell 42.17 points, or 0.23 percent, to 18,037.97, the S&P 500 lost 8.77 points, or 0.41 percent, to 2,108.92 and the Nasdaq Composite dropped 31.84 points, or 0.63 percent, to 5,060.25.

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