Stocks opened lower Monday, and selling accelerated throughout the session. Today's declines were a result of continued losses in several of Wall Street's biggest stocks and growing chatter over President Donald Trump's desire to fire Federal Reserve Chair Jerome Powell.
The three main indexes all started the day with losses of 1% or more. At the close, the blue chip Dow Jones Industrial Average was down 2.5% at 38,170, the broader S&P 500 was off 2.4% at 5,158, and the tech-heavy Nasdaq Composite was 2.6% lower at 15,870.
