Stocks attempt comeback: Dow cuts losses after falling 1,089

August 24, 2015 4:53 PM

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Stocks attempt comeback: Dow cuts losses after falling 1,089

NEW YORK — Stocks substantially cut sharp early losses Monday as Wall Street attempted to make a comeback after the Dow initially tumbled as much as 1,089 points in the opening minutes of trading.

At midday, the Dow was down only 180 points, or 1.1%. The Standard & Poor's 500 index plunged as much as 100 points as it dipped into correction territory before cutting its losses to about 25 points, or a drop of 1.3%.

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