NEW YORK (Reuters) - Stocks fell sharply on Monday, putting the S&P 500 just a shade above break-even for the month, as investors saw little reason for optimism ahead of a European Union summit later this week.
The Dow Jones industrial average <.DJI> dropped 137.97 points, or 1.09 percent, to 12,502.81. The Standard & Poor's 500 Index <.SPX> dropped 21.30 points, or 1.60 percent, to 1,313.72. The Nasdaq Composite Index <.IXIC> dropped 56.26 points, or 1.95 percent, to 2,836.16.
(Reporting By Edward Krudy; Editing by Kenneth Barry)