Stocks have moved sharply lower during trading on Monday, extending the notable downward move seen to start the New Year last week. The major averages have all shown significant moves to the downside on the day.
Currently, the major averages are just off their lows of the session. The Dow is down 470.32 points or 1.3 percent at 35,761.34, the Nasdaq is down 348.44 points or 2.3 percent at 14,587.56 and the S&P 500 is down 78.25 points or 1.7 percent at 4,598.78.
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