After moving sharply lower early in the session, stocks continue to see substantial weakness in mid-day trading on Monday. With the initial drop, the major averages fell to their lowest intraday levels in almost a month.
The major averages have climbed off their worst levels of the day but currently remain firmly negative. The Dow is down 727.56 points or 2.1 percent at 33,960.29, the Nasdaq is down 130.09 points or 0.9 percent at 14,297.15 and the S&P 500 is down 64.42 points or 1.5 percent at 4,262.74.
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