Stocks fall broadly, led by drops in real estate, utilities

NEW YORK (AP) — Stocks fell in light trading Monday as investors dumped former darlings of the market, real estate companies and utilities.
Indexes slumped from the start of trading and remained down throughout the day as investors continue to speculate about when the Federal Reserve is likely to raise interest rates as the economy strengthens. A report earlier in the day showed U.S. manufacturing picking up.
The selling was modest, but broad. Eight of the 11 sectors of the Standard and Po