Monday

U.S. blue-chip stocks closed with small losses as investors took a step back after a fresh round of interest rate increases in China. Cisco systems helped limit the Dow's drop with a jump of 2.4% after Barron's said in its latest issue that investors are underestimating the networking giant's prospects and positioning in tech's new world. The S&P 500's energy sector fell as investors fretted over the potential impact on global demand for commodities after China raised its key lending and deposit rates by a quarter percentage point each on Saturday. DJIA -18.46 Nasdaq +1.67 S&P 500 +.77.