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Here's what happens after stocks get walloped on day 1 (DIA, SPX, SPY)

Screen Shot 2016 01 04 at 11.36.11 AM

Stocks are getting destroyed to start 2016.

In late-morning trade on Monday the Dow was down well over 400 points while the S&P 500 and Nasdaq were also off more than 2%. This comes after what was an ugly day in Europe and a chaotic start to the year in China, where the CSI 300 Index was halted after falling 7%.

Monday marks the worst start to the year for the S&P 500 since 2001 and the worst start for the Dow since 1932. (However, the Dow fell 8.1% (!!!) to start 1932, which is a read more >>>

Source : BusinessInsider.Com