U.S. stocks retreated Monday after stocks tumbled in China where the rate of economic expansion remains under scrutiny. Although the Chinese economy continues to grow, Premier Wen Jiabao warned during the weekend economic hardships in China are not over. The remarks sent Chinese stocks down 1.74 percent on the Shanghai composite index. By close of trading in New York, the Dow Jones industrial average lost 49.88 points or 0.39 percent to 12,727.21. The Nasdaq composite was off by 11.53 points or 0.4 percent to 2,896.94. The Standard & Poor\'s 500 index shed 3.14 points or 0.23 percent to 1,353.64. On the New York Stock Exchange, 263 stocks advanced and 235 declined on a volume of 2.7 billion shares traded. The benchmark 10-year U.S. treasury note rose 6/32 to yield 1.473 percent. The euro rose $1.2278 against the U.S. dollar from Friday\'s $1.2248. Against the yen, the dollar fell to 78.82 from Friday\'s 79.2. In Japan, markets were closed for a holiday. In London, the FTSE 100 index was flat, falling 0.07 percent, 3.70 points, to 5,662.43.