The Dow ended lower Monday, giving up earlier gains, as the euro retreated after Moody’s downgraded its debt rating on Greece to junk status.

Stocks had been rallying for most of the day, led by techs and industrials, as strong euro-zone industrial data buoyed hopes for the global economic recovery.

The Dow Jones Industrial Average lost about 20 points, or 0.2 percent, after being up as much as 100 points earlier.

The S&P 500 also finished lower, while the Nasdaq ended slightly higher. The CBOE volatility index, widely considered the best gauge of fear in the market, was around 28 at the closing bell.

(Source: CNBC)