Extending the sell-off seen last week, stocks have shown another substantial move to the downside during trading on Monday. With the continued decline, the major averages have fallen to multi-month intraday lows.
The major averages have climbed off their worst levels in recent trading but continue to post steep losses. The Dow is down 553.47 points or 1.6 percent at 33,711.90, the Nasdaq is down 331.12 points or 2.4 percent at 13,437.80 and the S&P 500 is down 91.88 points or 2.1 percent at 4,306.06.
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