Stocks raced sharply downward on Monday, with the Dow Jones Industrial Average falling by nearly 1,600, around 6 percent, before recovering to end with a decline of 1,179 points.
All the major indexes were down significantly. The S&P 500 fell by around 4 percent, the Nasdaq Composite fell by around 3.8 percent, and the broad Russell 2000 fell by around 2.9 percent.