U.S. stocks ended lower on Monday.
The Dow Jones Industrial Average fell by 347.11 points, or 0.67 percent, to 51,481.51. The S and P 500 sank 59.72 points, or 0.77 percent, to 7,683.69. The Nasdaq Composite Index shed 248.336 points, or 0.92 percent, to 26,820.381.
Eight of the 11 primary S and P 500 sectors ended in red, with communication services and consumer discretionary leading the laggards by losing 1.67 percent and 1.58 percent, respectively. Meanwhile, consumer staples and health led the gainers by going up 0.40 percent and 0.29 percent, respectively.
US stocks close lower
The U.S. dollar strengthened in late trading on Monday.
The dollar index, which measures the greenback against six major peers, added 0.22 percent to 101.197 at 1500 (1900 GMT).
In late New York trading, the euro fell to 1.1368 dollars from 1.1399 dollars in the previous session, and the British pound increased to 1.3261 dollars from 1.3252 dollars in the previous session.
The U.S. dollar bought 157.4 Japanese yen, higher than 157.13 Japanese yen in the previous session. The U.S. dollar was up to 0.8319 Swiss francs from 0.8282 Swiss francs, and it advanced to 1.4171 Canadian dollars from 1.4144 Canadian dollars. The U.S. dollar rose to 9.9537 Swedish kronor from 9.9045 Swedish kronor.
US dollar ticks up