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Wall Street tumbles as little expected from summit

Traders work on the floor of New York Stock ExchangeNEW YORK (Reuters) - Stocks fell on Monday, erasing the S&P 500 index's gains for June so far, as investors saw few reasons to buy before a European Union summit this week. Energy and bank stocks led the decline on the S&P 500. U.S. crude futures dropped near last week's eight-month low, and news that Spain had requested help for its struggling banks pressured financial stocks. The S&P 500 energy sector index was off 2.6 percent and the financial sector index lost 2.2 percent. ...



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