After moving mostly lower early in the session, stocks have seen further downside over the course of the trading day on Monday. With the steep drop on the day, the Dow is pulling back well off last Friday's seven-month closing high.
Currently, the major averages are just off their lows of the session. The Dow is down 345.66 points or 1.0 percent at 34,001.37, the Nasdaq is down 114.14 points or 1.0 percent at 11,112.21 and the S&P 500 is down 42.95 points or 1.1 percent at 3,983.17.
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