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Wall Street erases gains (Reuters)

NEW YORK (REUTERS) ? Stocks cut gains with all three major indexes turning negative on Monday after an initial bounce was eroded by weakness in financial stocks.

The Dow Jones industrial average (.DJI) rose 1.85 points, or 0.02 percent, to 11,868.24. The Standard & Poor’s 500 Index (.SPX) dropped 2.16 points, or 0.18 percent, to 1,217.50. The Nasdaq Composite Index (.IXIC) dropped 0.85 points, or 0.03 percent, to 2,554.48.

(Reporting by Edward Krudy; editing by Jeffrey Benkoe)

Source: http://us.rd.yahoo.com/dailynews/rss/stocks/*http%3A//news.yahoo.com/s/nm/20111219/bs_nm/us_markets_stocks

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