NEW YORK — U.S. stocks are falling in morning trading Monday as tensions with Russia escalate. All 10 industry sectors in the Standard & Poor's 500 index fell, led by health care. Apple and Herbalife rose.
KEEPING SCORE: The Dow Jones industrial average shed 60 points, or 0.4 percent, to 16,242 as of 11:20 a.m. Eastern time. The S&P 500 fell 12 points, or 0.6 percent, to 1,851. The Nasdaq lost 69 points, or 1.6 percent, to 4,207.
JITTERS IN EUROPE: Europe markets fell as Russia troops seized Ukrainian ships and military installations in the Crimean peninsula following Russia's annexation of the region last week. Germany's DAX fell 1.6 percent and France's CAC-40 1.5 percent. Britain's FTSE-100 fell 0.7 percent.
APPLE UP: Apple rose $4.27, or 0.8 percent, to $537.06 after the Wall Street Journal reported that the company is in talks with cable giant Comcast to offer a streaming video service using Apple set-top boxes.
HERBALIFE SURGE: The embattled health supplements company rose $3, or 6 percent, to $52.54 after agreeing to back billionaire Carl Icahn's three nominees for the board. Icahn is a supporter of the company in its fight with another famed investor, William Ackman. Ackman accuses the company of operating a pyramid scheme.
CHINA WATCH: Asian markets rose on hopes that China would take more steps to stimulate its economy. Hong Kong's Hang Seng index rose 1.9 percent and Japan's Nikkei gained 1.8 percent. "If China continues to slow, the Chinese government will offer additional stimulus and that would help," said Mike Meyer, Assistant Vice President at EverBank. "I think we have a floor there."
TREASURYS AND COMMODITIES: Bond prices fell. The yield on the 10-year Treasury note climbed to 2.75 percent from 2.74 percent late Friday. Gold sank $26.80, or 2 percent, to $1,309 an ounce. The price of crude oil was little changed at $99.45 a barrel.
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