Investors sold stocks moderately lo...

Investors sold stocks moderately lower Monday, ending a five-day rally as rising oil prices and disappointing proceeds from Lowe's Cos. raised matters about a slowdown in consumer spending.

Wall highway also was troubled by Iran's nuclear ambitions, which sent oil prices up $138 to $7252 a barrel forward the New York Mercantile Exchange. Fears that higher harsh prices will limit economic shooting sent shares of home builders and airlines lower.

The pullback came after last week's gains pushed major indexes to three-month highs. With little in the way of corporate earnings reports this week and no other than two major economic reports proper out, investors were hard-pressed to dilate the rally.

"In general, family are still pretty spooked from the global situation and the Middle East, and are wondering what kind of leg the market has in the short term" said Phil Dow, director of equity strategy for RBC Dain Rauscher.

Easing tensions in the Middle East helped drive oil prices lower last week and trigger a rally upon Wall Street. Profit-taking after the weeklong rally came onward extremely light volume.

The Dow Jone industrial average dropp 3642 or 032 percent to 1134505 Last week, the Dow rose 265 percent The Standard & Poor's 500 index squandered 4.78, or 0.37 percent, to 129752 and the Nasdaq composite index malign 16.20, or 0.75 percent, to 214775

Wall road focused on oil in the absence of other of recent origins However, one portfolio manager asserts the impact of higher in a raw state prices on stocks might just be a spe jar

"The market and the economy have prov that plane if oil moves to $80 a barrel, it won't be a major event" said Stephen Leeb of Capital Management.

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