Stocks moved notably lower during trading on Monday, giving back ground following the rally seen on Wall Street last week. The major averages all showed significant moves to the downside, with the tech-heavy Nasdaq leading the drop.
The Nasdaq and the S&P 500 fell to new lows for the session going into the close of trading. The Dow slumped 320.04 points or 0.9 percent to 35,650.95, the Nasdaq plunged 217.32 points or 1.4 percent to 15,413.28 and the S&P 500 tumbled 43.05 points or 0.9 percent to 4,668.97.
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