U.S. stocks fell on Monday after Iran's vow to press ahead with nuclear work boosted oil prices and Lowe's Cos. Inc., the No. 2 U.S. home improvement chain, cut its outlook, adding to worries about a slowing housing market, Reuters reported. Shares of Lowe's dropped almost 4 percent, dragging along shares of larger rival and Dow component Home Depot Inc. and those of suppliers. The Dow Jones Home Construction indexfell 2.9 percent, its biggest drop in nearly two weeks. The S&P500, the blue-chip Dow average and the Nasdaq snapped a 5-day winning streak. Based on the latest available data, the Dow Jones industrial average fell 36.42 points, or 0.32 percent, to end unofficially at 11,345.05. The Standard & Poor's 500 Index shed 4.78 points, or 0.37 percent, to finish unofficially at 1,297.52. The Nasdaq Composite Index dropped 16.20 points, or 0.75 percent, to close unofficially at 2,147.75.
