Wall St. plunges as stocks selloff continues

NEW YORK (Reuters) – U.S. stocks plunged in highly volatile trading on Monday, with the Dow industrials falling nearly 1,600 points at its lows – the biggest intraday point drop in history – as a long-awaited pullback from record highs deepened.

The Dow Jones Industrial Average <.DJI> fell 1,175.21 points, or 4.6 percent, to 24,345.75, the S&P 500 <.SPX> lost 113.17 points, or 4.10 percent, to 2,648.96 and the Nasdaq Composite <.IXIC> dropped 273.42 points, or 3.78 percent, to 6,967.53.

(Reporting by Chuck Mikolajczak; Editing by Nick Zieminski)