stocks traded lower Monday, with the Dow and S&P breaking below key technical levels as the post-Brexit sell-off continued.
In afternoon trade, the Dow Jones industrial average traded about 260 points lower after briefly falling more than 300 points.The S&P 500 came off session lows and struggled to hold above the psychologically key 2,000 level.
In midday trade, the Dow Jones industrial average fell 260 points, or 1.49 percent, to 17,141, with American Express the greatest decliner and Verizon and Johnson & Johnson the only advancers.
The S&P 500 declined 36 points, or 1.78 percent, to 2,001, with materials leading eight sectors lower and telecoms and utilities the only advancers.
The Nasdaq composite declined 103 points, or 2.18 percent, to 4,605.