Moving into the last hour of trading on Monday, stocks are holding below the unchanged line but have come well off their intraday lows.
Semiconductor and trucking stocks continue to post some of the widest losses, with the Philadelphia Semiconductor Index down 2.3 percent and the Dow Jones Trucking Index down 2 percent.
Meanwhile, banking and brokerage stocks are turning in some of the best performances. The Kbw Bank Index and the Amex Securities Broker/Dealer Index are up 6.2 percent and 3.9 percent, respectively.
Currently, the Dow is down 51.85 at 8,031.53, the Nasdaq is down 6.95 at 1,645.59, and the S&P 500 is down 1.15 at 855.41.
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