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