July 01, 2013 at 14:46 PM EDT
Stocks Give Up Some Gains In Late Trading
The market's gains were fading in afternoon trading Monday. The Nasdaq led with a 1% gain, but it has been backtracking for more than two hours and has slipped into the lower half of the day's trading range. The S&P 500 was up 0.8% and the Dow Jones industrial average 0.7%. Volume was tracking lower. All major indexes were up more than 1% earlier in the stock market today despite some weakish economic reports. Several high-ranked industry groups
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