Around the World's Markets: New York

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The Independent Online
US STOCKS fell, led by computer-related companies such as America Online, on concern that the leading online service provider will cut subscription fees to stay competitive.

The Standard & Poor's 500 index dropped 7.53 points, 0.6 per cent, to 1,344.13, led by Intel, AOL and Microsoft. The Nasdaq index retreated from Friday's record, sliding 42.29, 1.5 per cent, to 2,844.77. The Dow Jones rose 1.9 points to 11,030.33; International Paper posted the biggest gain.