Wall Street eases as investors take a break, Dow Jones slips 47 points

NEW YORK, New York - U.S. stock markets went on a roller coaster ride on Monday, with major indices giving up well-earned gains late in the day to finish modestly lower.

"It seems like a day of rest, a breathing day," Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia told Reuters Monday. "It's the first day of a new month, and the markets did great in July."

"There's little convi