Stocks snapped a four-session winning streak Monday as the dollar gained and the China-fueled rally petered out.

The Dow Jones Industrial Average ended down 8.23, or 0.1 percent, at 10,442.41, after being up more than 100 earlier after China decided to loosen the yuan’s peg to the dollar.

The rally faded by late afternoon amid growing doubts about how big an impact such a move would have as Beijing is expected to do it gradually.

The S&P 500 and Nasdaq also finished lower, with the Nasdaq the worst off of the three. The CBOE volatility index, widely considered the best gauge of fear in the market, was above 25 at the closing bell.

(Source: CNBC)