The New York Stock Exchange (NYSE) closed Monday lower, amid risk aversion by investors and selling pressures.
The Dow Jones Industrial Average plunged by about 510 points, or 1.84%, and closed at 27,147.70 points.
The S&P 500 index closed lower by 38.41 points, or 1.16%, at 3,281.06 points.
Meanwhile, the Nasdaq composite finished lower by 14.48 points, or 0.13%, at 10,778.80 points.