India, April 21 -- After turning in a lackluster performance to close out the previous week, stocks showed a substantial move to the downside during trading on Monday. The major averages all moved sharply lower, with the Dow adding to the steep loss posted last Thursday.
The major averages climbed off their worst levels going into the end of the day but remained firmly negative. The Nasdaq plunged 415.55 points or 2.6 percent to 15,870.90, the Dow tumbled 971.82 points or 2.5 percent to 38,170.41 and the S&P 500 slumped 124.50 points or 2.4 percent to 5,158.20.
The sell-off on Wall Street came amid lingering concerns about a global trade war as traders await signs of progress from President Donald Trump's trade talks.
Potentially adding ...