CLOSING BELL: Stocks take a loss on first day of the quarter
NEW YORK — Stocks are ending broadly lower on Wall Street with some of the biggest losses going to automakers and parts suppliers following disappointing sales figures for March.
Fiat Chrysler gave up 4.8 percent Monday and General Motors fell 3.4 percent.
Electric car maker Tesla bucked the trend and jumped 7.3 percent after reporting sharply higher deliveries in the first quarter.
The Standard & Poor's 500 index fell 5 points, or 0.2 percent, to 2,357.
The Dow Jones industrial average slipped 13 points, or 0.1 percent, to 20,650. The Nasdaq composite fell 17 points, or 0.3 percent, to 5,894.
Small-company stocks fell far more than the rest of the market.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.33 percent.