Wall Street closed down but came off lows

FXStreet (San Francisco) - The US stocks market closed lower on Monday as investors digested bad a weaker than expected PMI manufacturing data and fears over Ukraine and its effects in the Russian economy.

The Dow Jones declined 26.08 points or 0.16% to close the day at 16,276.69; The S&P 500 eased 9.08 points or 0.49% to finish at 1,857.44.

The Nasdaq fell 50.40 pts or 1.18% to finish at its lowest level since February at 4,226.38. Biotech companies beside Facebook, Google and Netflix pressured the composite to the downside.