Stocks are coming off their lows during mid-afternoon trading on Monday but remain well below the unchanged line.

Banking and computer hardware stocks continue to post steep losses, with the S&P Banks Index down 5.2 percent and the Amex Computer Hardware Index down 5.1 percent.

While airline and health insurance stocks continue to see some strength, their related sector indices have come off their intraday highs.

Currently, the Dow is down 102.91 at 7,914.68, the Nasdaq is down 26.61 at 1,595.26 and the S&P 500 is down 13.27 at 829.23.

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