The S&P 500 Index ($SPX) (SPY) Monday closed down -0.28%, the Dow Jones Industrials Index ($DOWI) (DIA) closed down -0.61% and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -0.35%.
Stocks on Monday settled moderately lower, with the S&P 500 falling to a 4-week low and the Dow Jones Industrials dropping to a 1-1/2 month low. Long liquidation pressures emerged Monday ahead of the US presidential election on Tuesday. Also, Monday's weakness in megacap technology stocks weighed on the overall market.
