U.S. stocks closed lower Monday, as global disapproval of Russian President Vladimir Putin increased after the downing of a passenger plane in Ukraine and amid international calls for a truce in the Israeli-Palestinian conflict. In international economic news, a train in eastern Ukraine carrying the remains of most of the 298 victims of the Malaysia Airlines disaster left the site after Malaysia's prime minister reached an accord with the pro-Russian separatists controlling the area. In the Gaza Strip, the Palestinian death toll reportedly climbed above 500 and seven Israeli soldiers died, following the deaths of 13 soldiers on Sunday, with the fighting continuing despite appeals for a ceasefire. Allergan shares gained after the drug developer said it would cut 1,500 jobs by the end of the year. Halliburton rose after the provider of oilfield services reported a better-than-expected gain in quarterly revenue. Herbalife declined after hedge-fund manager Bill Ackman told CNBC he would "expose incredible fraud" at the supplement seller at a presentation Tuesday in New York. The dollar gained against other global currencies. Light sweet crude oil for August delivery rose $1.46 to $104.59 a barrel on the New York Mercantile Exchange. Gold futures climbed $4.50 to $1,313.90 an ounce. The Dow Jones industrial average lost 48.45, or 0.3 percent, to 17,051.73. The broader Standard & Poor's 500 index declined 4.58, or 0.2 percent, to 1,973.64. The technology-heavy Nasdaq composite index dropped 7.44, or 0.17 percent, to 4,424.70.
