Bond prices soared, sending yields lower, as traders shoved money into lower-risk investments. U.S. stock and bond markets will be closed Wednesday in observance of a national day of mourning for former President George H.W. Bush.
On Tuesday: The S&P 500 index slid 90.31 points, or 3.2 percent, to 2,700.06. The Dow plunged 799.36 points, or 3.1 percent, to 25,027.07. The Nasdaq composite lost 283.09 points, or 3.8 percent, to 7,158.43.
The Russell 2000 index of smaller-company stocks gave up 68.21 points, or 4.4 percent, to 1,480.75. For the week: The S&P 500 is down 60.11 points, or 2.2 percent. The Dow is down 511.39 points, or 2 percent.
The Nasdaq is down 172.11 points, or 2.3 percent. The Russell 2000 is down 52.51 points, or 3.4 percent. For the year: The S&P 500 is up 26.45 points, or 1 percent. The Dow is up 307.85 points, or 1.2 percent.
The Nasdaq is up 255.03 points, or 3.7 percent. The Russell 2000 is down 54.76 points, or 3.6 percent.