Market Wrap for Monday, August 19: Down Across The Board, Urban Outfitters Beats On EPS

Major Averages The Dow Jones Industrial Average closed down 0.47 percent to 15,010.74. The S&P 500 closed down 0.59 percent at 1,646.06. The Nasdaq closed down 0.38 percent at 3,589.09. Top Headline Saks (NYSE: SKS ) reported a wider second-quarter loss. Saks posted a quarterly loss of $19.6 million, or $0.13 per share, versus