Stocks Fall; Research Solutions Soars, Ceres Slips

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The Dow Jones industrial average fell 128 points in Monday trading to close at 17,441.

The S&P 500 fell 12 points to 2,068.

The Nasdaq fell 49 points to 5,040.

The LABJ Stock Index rose one point to 238.

Gainers and Losers

Monday’s biggest local gainer was Encino firm Research Solutions Inc. Shares of the research document delivery services company rose 11 percent on the day, closing at $1.00.

The day’s biggest loser was agricultural biotech Ceres Inc. Shares of the Thousand Oaks company fell 23 percent, closing at $1.26, after the company announced it had made an agreement with investors to sell 1.2 million shares of common stock at $1.30 a share and warrants to buy up to 1.2 million shares of common stock at $1.62 a share.

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