"Trifles make perfection and perfection is not trifle."
The major U.S. stock market indexes took a dive Monday, marking a three day downward trend for stocks driven by unease over Federal Reserve monetary tightening and a tumultuous global economy.
The S&P 500 closed at 1,875, down 1.7% for the day and putting the index below its 200 day average for the first time since 2012. The decline occurred mostly after 2 p.m., and marked a 1.8% drop from a daily high of 1,912. In the past three days, the S&P 500 has dropped 4.8%, from a high of 1,969, in the worst 3 day decline since 2011.
