NATIONAL

Wall Street showed some signs of stability late Monday, posting a moderate decline after falling sharply early in the session in response to tumbling commodities prices. The Nasdaq composite index was hit hard as technology stocks fell out of favor with risk-averse investors.

According to preliminary calculations, the Dow fell 18.73, or 0.17 percent, to 11,125.33, after tumbling as much as 103 points earlier. Broader stock indicators recouped some earlier losses. The Standard & Poor’s 500 index lost 4.96, or 0.39 percent, to 1,262.07; the Nasdaq dropped 21.02, or 0.96 percent, to 2,172.86, a sign of Wall Street’s diminishing faith in the volatile tech sector.

–


Read the full Associated Press story

.

LOCAL


Capstone Turbine Corp. dropped 9 percent to $2.81. Arrowhead Research Corp. fell 8 percent to $5.19. Reliance Steel & Aluminum Co. fell 5 oercent to $79.96 on negative news about the metals markets.

Reinhold Industries Inc. rose 3.6 percent to $13.80. Cogent Inc. was up 2 percent to $16.24. Mattel Inc., which was raised to “outperform” from “market perform” at Ryan Beck & Co., added 2 percent to close at $16.51. Amgen Inc., which was raised to “outperform” from “market perform” at Wachovia Securities, closed up 0.15 percent to $67.79.