NEW YORK, June 28 (UPI) -- Wall Street's initial euphoria Monday at the early handoff of power in Iraq gave way to low volume and interest rate fears, leaving stocks slightly down.
The Dow Jones industrial average fell 14.75 or 0.14 percent to close at 10,357.09 on volume of 1.35 billion shares. The Nasdaq composite index slipped 5.65 or 0.28 percent to end at 2,019.82, and the Standard & Poor's 500 closed down 1.08 or 0.10 percent to 1,133.35.
Said Steve Carl, head of equity trading with The Williams Capital Group in New York: "Volume is low, and it feels like the summer doldrums."
The 10-year Treasury lost about three-quarters of a point, or $7.50 for each $1,000 invested, for a 4.743 percent yield.
The dollar fell to 107.89, up from 107.65, and the euro rose to $1.2186 from $1.2159.
Wall Street is expecting the Fed's Open Market Committee to hike the fed funds rate by one-quarter percentage point to 1.25 percent.
In Europe, stocks ended higher. In Asia, stocks ended higher in Tokyo and Hong Kong, but eased in China, Taiwan and South Korea.
