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New York • U.S. stocks are closing lower as investors found little to like in the latest batch of company earnings.
Xerox slumped 13 percent Monday after reporting a plunge in earnings and cutting its profit forecast.
Perrigo, an Irish drug maker, dropped 18 percent after cutting its own earnings outlook, citing lower prices for its products in Europe.
Energy companies fell more than the rest of the market as oil and gas prices turned lower.
The Dow Jones industrial average edged down 26 points, or 0.2 percent, to 17,977.
The Standard & Poor's 500 index lost three points, or 0.2 percent, to 2,087. The Nasdaq composite slipped 10 points, or 0.2 percent, to 4,895.
Bond prices fell. The yield on the 10-year Treasury note rose to 1.91 percent.