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US, European Stocks Decline

U.S. stock prices were down in Monday's trading, as investors worried about the falling price of oil, slowing growth in China and troubles in the financial sector. At the close of trading in New York, the NASDAQ slid 1.6 percent, the S&P 500 dropped 1.4 percent, and the Dow lost 1.1 percent. European stocks also took a beating, with the CAC 40 in Paris down 3.2 percent, the DAX in Frankfurt losing 3.3 percent, and the FTSE in London dropping 2.7 percent. Earlier, major Asian...

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