Indices closed out in the red zone Monday. Financial brands such as Bank of America, JPMorgan Chase and Morgan Stanley traded lower. Stocks retreated amid continued euro zone uncertainty. Meanwhile, crude oil tacked on 35 cents to settle at $93.88 a barrel. In merger moves, Exxon Mobil has offered up a takeover bid of $10.9 billion for the U.K. based Gulf Keystone Petroleum. Looking ahead, existing and new-home sales data is due for release on Wednesday and Friday respectively.
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