The stock market couldn’t shake off a case of the jitters from last week and closed sharply lower again on Monday. Airlines, energy and materials stocks were among the biggest decliners. The market is coming off its biggest weekly decline in more than two years. The Standard & Poor’s 500 index is 6.8 per cent below its September peak.
The Dow Jones industrial average fell 223.03 points, or 1.4 per cent, to 16,321.07.
The S&P 500 index slid 31.39 points, or 1.7 per cent, to 1,874.74.
The Nasdaq composite shed 62.58 points, or 1.5 per cent, to 4,213.66.
For the year:
The Dow is down 255.59 points, or 1.5 per cent.
The S&P 500 index is up 26.38 points, or 1.4 per cent.
The Nasdaq is up 37.07 points, or 0.9 per cent.