Stocks slide, S&P 500 down more than 10% from recent high

Stocks slide, S&P 500 down more than 10% from recent high

By Damian J. Troise | The Associated Press
Stocks sank in morning trading on Wall Street Monday, putting the benchmark S&P 500 on track for what the market considers a correction — a drop of 10% or more from its most recent high.
The S&P 500 fell 3% to 4,262.87 as of 8:45 a.m. Pacific, and is now down about 11% from the high it set on Jan. 4. A close of 4,316.90 or lower will put it into a…

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