(CNBC) — U.S. stocks fell sharply in volatile trading Monday, extending a steep sell-off from the previous session.
The Dow Jones industrial average shed 1,178 points and briefly declined more than 1,500 points. The 30-stock index also briefly traded flat earlier in the session. The Dow also broke below 25,000 and erased its 2018 gains.
"Breaking the early lows of the day means the correction could go on for longer," said Art Cashin, UBS director of floor operations at the New York Stock Exchange.
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