The global rout, which began late last week, has been fueled by fears of slowing growth in China.
So, just how bad was the market selloff after all the closing bell on Monday? Check out some of the stats here:
- Monday ended the biggest three-day loss for the Dow ever with 1,477.45 points shed. (The next biggest three-day loss for the Dow totaled 929.49 points in November 2008.)
- The Dow has been down five consecutive days for a point loss of 1,673.9.
- Cumulative volume traded was 13.94 billion shares for the highest volume day since Aug. 10, 2011, when 15.19 billion shares traded.
- The Dow traveled more than 3,000 points within the first 90 minutes of trading on Monday.
- WTI settled down 5.5 percent for the worst day since July 6 when it lost 7.73 percent. (Monday's low of $37.75 was WTI's lowest point since Feb. 24, 2009, when it hit a low of $37.65.)
- 9 out of 10 S&P 500 sectors are in correction; (energy and materials are off their highs by 20 percent or greater).
- Industrials, tech, telecom, utilities, financials, consumer discretionary and health care are all of their highs by 10 percent or more.
- S&P 500 companies collectively lost about $685 billion in market cap (about $100 billion more than Apple's market cap).
- NYSE volume was at 6.57 billion shares, the heaviest since Oct. 27, 2011.